- After the market crash in 2020, the stock price experienced a significant upward movement and reached close to the 3,990 level, which was the previous all-time high for the stock.
- Subsequently, the stock entered a downtrend until the price found support near the 2,900 level.
- Following this, the stock price began to rise again and reached a new high in March’24 at around the 4,250 level.
- After a pullback, the stock successfully broke through the neckline of the Inverted Head & Shoulder pattern, which had formed during the entire consolidation phase.
- If this breakout sustains, we may witness a further price rally in the coming days.
- The stock price reversed its downward trend by breaking through the Ascending Triangle pattern upwards.
- After dropping near the 1,150 level, the stock rebounded strongly and started moving upwards.
- The stock price found support around the 520 level after a significant drop and started climbing.
- An Inverted Head & Shoulders pattern appeared on the chart during the consolidation phase, signaling a possible trend reversal.
- Following the breakout, the stock price moved upwards but faced resistance at a previous level.
- After a brief pullback, the stock price successfully broke through the resistance and continued to climb.
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🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
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t.me/GoodluckCapital
🤝 Contact Us
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🌐 goodluckcapital.com
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.