Necklace Breakout- Kirloskar Eng Oil
A Necklace Breakout - i.e. neckline breakout can explode into wilder momentum like this.
I have been holding this from 300 level. It has grown to 900++ & became 3X now within a year.
Necklace Pattern Breakout- Omaz Auto Ltd
Looks like multi year range is ready for a breakout after repeated failed attempts. Let's see how market reacts to this attempt.
This is not a Buy/Sell Call. Chart shared for educational purpose only.
DLF has formed initial steps of beginning a Necklace. It will be interesting to see whether Real Estate sector grow up & DLF re-claims it past glory!
This is purely for education purpose & Not a Buy Call!
This stock is approaching for its lifetime high & it it does so, it will complete 2nd Necklace. This re-claiming Life Time High may open doors for forward move!
This is not a Buy Call, chart shared for learning purpose.
Aptech has completed our theory of "Necklace Patter" beautifully! Its re-approaching it's life time high & may explode further. It'll be interesting to see how it reacts near its high.
This scrip showing high potential to move up with 2 factors as mentioned in subject line.
1. It has Necklace Pattern follow up &
2. Its breaking Trendline.
If R1 is crossed successfully, TAJ GVK seems to be ready to hit T1 & T2. It's going to be interesting set up going ahead. Have look at MACD Cross over on Daily TF as well.
In this video I have explained how to analyze a stock Technically & Fundamentally. Using simple & free Website of BSE India.
This video is only for Learning Purpose & not a Buy Call or tip! Viewers discretion is solicitated.
My favorite "Necklace Pattern" is getting unfolded in "KECL" on monthly Time Frame. In fact, this Kirloskar Group is seriously re-vamping all its group companies & it's evident in their charts as well!
Referring Monthly TF on BSE Chart since NSE has limited data to study for this scrip.
Cheers!
Hello Everyone, I have tried to explain how to enter a stock which has already rallied. I have considered important levels for re-entry purpose. This idea is only for educational purpose & NOT a Buy Call!
This has been highly dependable stock since last 1 month. When benchmark Index "Nifty" fell by 500 points, this stock was rock solid holding its swing high level & stayed in the range of just 20 points. This is my Necklace Pattern stock it will be interesting to see how story unfolds when it reaches its previous swing highs.
This stock looks like re-claiming its high on weekly TF. Steady gains on daily basis continued with conviction suggest its move! There is a small hurdle of 150 & then it may see crossing its high 158 soon.
This is not a buy suggestion, its only for education purpose!
Classic Necklace Pattern along with "W" i.e. double bottom formation at lower levels on M TF.
Check your own chart, this is only for educational purpose & Not a buy recommendation.
This Stock is creating repeated Necklace patterns, i.e. rounded bottom in follow up manner. When such stock tries to reach higher high or tries to defend lower levels repeatedly, it may touch its past glory i.e. its previous Life Time High & explode further.
This chart is for study purpose & not a buy call!
