Chart Pattern Analysis
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Reiterating my earlier analysis (link)from the blog post, the confirmation of an Inverted Head & Shoulders pattern at crucial support levels has indeed proven to be reliable. The stock has demonstrated a remarkable 90% profit return, substantiating the accuracy of the mentioned pattern from the previously discussed level of 314, as highlighted in my previous… Read more
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As mentioned in a previous blog post, the observation that “Tighter rising wedges at apex often show substantial upside moves on healthy breakouts” has proven to be entirely accurate in the case of SMLT. Following the breakout from the wedge, SMLT exhibited an impressive rally, recording a substantial 145% increase on its price chart. Previous… Read more
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GICRE stands out as a robust performer in the insurance sector, showcasing an impressive 80% profit gain from the level we previously highlighted in our blog.Previous blog article: link Read more
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Once GUJTHEM was identified at a stock price of 160, it experienced a remarkable upward trajectory, reaching a recent peak of 373. This resulted in an exceptional return of 130% from the recommended levels. In my observation, whenever a rising wedge pattern breaks to the upside, the subsequent price movements tend to be explosive on… Read more
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The double bottom patterns observed on price charts serve as a promising strategy for anticipating reversals, as exemplified by our successful venture in Manaksia Aluminium stock. I previously highlighted this stock during its consolidation phase, particularly near the breakout point of the double bottom pattern manifested as a broadening wedge. This strategic move proved lucrative,… Read more