Chart Pattern Analysis
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On February 10, 2023, JBM Auto experienced a significant 10% surge in its stock price, which occurred just a day prior to the release of the quarterly results. This spike in price hinted at something noteworthy about the upcoming results and presented an ideal opportunity for a pocket pivot entry. Subsequently, the stock continued to… Read more
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We have a new member joining the symmetrical triangle pattern family in our blog. While it’s little extended from base, it’s still worth checking out. Read more
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Although I’m not particularly fond of the continuation inverted head and shoulders pattern, it might be worth exploring JSW Steel as it has emerged following a significant rally. Read more
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I have come across another early sign of a recurring trend in Bajaj FinServ. After reaching its peak in October 2021, the stock prices experienced a significant decline of approximately 40%. Currently, when observing the chart, it appears that the prices are forming a symmetrical triangle pattern, suggesting a potential trend reversal in the making. Read more
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Previously, the stock experienced a decline in its value, causing it to drop from the 900 level on the stock chart due to weak results. However, the current situation indicates that it is in the early stages of forming a rising wedge pattern. Read more