Wonderla is forming a consolidation near ATH. The stock is in a strong bull run, and on break of the consolidation can give a good move continuing the bull run. It is important that there is a breakout from the marked consolidation with a good volume. This is only for informational purposes, not a trading advise.
► Phase of reaccumulation begins with a buying climax, wherein the previous rally takes a halt. ► Then a drop is seen which goes to the automatic reaction where other buyers jump in as they see value in the stock. ► After AR, a secondary test happens where another round of selling happens. ► AR and ST define the range of the reaccumulation. Note- at this point...
Ashok Leyland has given a super-strong breakout from triangle like pattern. Volume is also extremely strong. A small pullback would be a good entry. Disclaimer- we are holding the share from lower levels, added positions on breakout as well. Targets - 145. Note - This material is only for informational purposes, please do your own risk management prior to taking...