CASE STUDY:
Gave meteoric rise of 400% in 1 year,
Key observations,
1. Range Breakout of almost 1.5 years,
2. No major fall in this share during market crash of 2020,
3. Post-Range breakout, back-to-back wedge pattern breakout around 250 levels
4. Was trading inside Symmetrical Triangle Pattern for 9 months, finally last week gave breakout with 30% upside.
Gave meteoric rise of 400% in 1 year,
Key observations,
1. Range Breakout of almost 1.5 years,
2. No major fall in this share during market crash of 2020,
3. Post-Range breakout, back-to-back wedge pattern breakout around 250 levels
4. Was trading inside Symmetrical Triangle Pattern for 9 months, finally last week gave breakout with 30% upside.