relief will come only from 26-28 levels . these levels will provide exits to people who are stuck . from 26-28 levels a pull back of 25-30% may come . from these levels pull back or reversal may come .probabilities are high for pull back rather than reversal.
As of now bright com @ 94.needs to cross 105..and onwards can move to 139 area within @ 45/50 days as per wave expansion. in case of unforeseen events if any time frame and price target may vary. chart is purely for education purpose.
Bright com formed @ bullish butterfly kind of pattern,(slight deviations in leg measurement considered).Seems may touch @125 to 130 rupees in April second week.views for education purpose.pl.note that this is not final verdict on Target Price of share,in case of unforeseen events time & Price Target may vary.
All the indicators are showing strong resistance -MACD line is cutting signal line from below -RSi is above 60 -BCG is also at ATH
Good Resistance is Indicating in RSI Indicator. disclaimer: Not a buy recommendation
bcg is looking good for breakout .target is shown .will wait for confirmation.appreacite if someone can help me in learning to figure out the period to be taken to achieve the target. for edu purpose only.trade at ur own risk.
Looking for a pull back to 7.55-9.30 or buy on the confirmed break of 11.75 .. Beauty of a chart with a lot of room to grow 27.20 looks realistic and a possible cup and handle formation in play , so 27 is where the major pull back should happen to make the handle around 18.80. No clue what the company does ... just follow the money :)
This stock looks like a textbook Inverse H&S pattern. Wait for price to retrace back to the neckline around 5.3-5.45. Target: 7.5-8. Good Luck!