Greaves Cotton - the stock is consolidating right before all-time high levels. there is no selling whatsoever. when the stock comes down, volumes are negligible and vice-versa. 20 EMA giving support. Perfect candidate for a low-risk trade. https://t.co/glpEBc2gHJ
Can a breakout be anticipated? Also stop loss is must in this scenario. - Greaves Cotton pic.twitter.com/zYVKfKy4rt
— Steve Nison (@nison_steve) July 6, 2021
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A bullish flag pattern right after the breakout. Although the broader rectangle target of 1190 is way more than this bullish flag target https://t.co/wdAzb7SS7L
Interesting chart of Mahindra & Mahindra consolidating in a rectangle pattern & the price not falling back to the lower support. pic.twitter.com/GJ7rCfkB9f
— The_Chartist \U0001f4c8 (@charts_zone) May 26, 2022
Sir Edwards & Magee discussed sloping necklines in H&S in their classical work. I am considering this breakdown by Affle as an H&S top breakdown with a target open of 770.
— The_Chartist \U0001f4c8 (@charts_zone) May 25, 2022
The target also coincides with support at the exact same level. pic.twitter.com/n84kSgkg4q
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