Weekly Chart
#CESC
NSE: CESC
Short Term Quick Profit
CMP 742.65
Target 1: 786
Target 2: 846
SL : 684
Timeframe < 90 Days
Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#CESC
NSE: CESC
Short Term Quick Profit
CMP 742.65
Target 1: 786
Target 2: 846
SL : 684
Timeframe < 90 Days
Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia