MurariMundada

MurariMundada

if MOL's weekly candle closes above the resistance line, it may indicate a downtrend breakout. Confirm the Breakout: A single weekly close above the resistance line might be an initial signal, but confirmation is essential. You may want to look for additional confirmation, such as: A subsequent weekly candle that remains above the resistance level. Increased...

MurariMundada

A Flag Pattern is a technical analysis chart pattern that typically indicates a continuation of the previous trend. In the context of Hindustan Zinc, if the stock is forming a Flag Pattern and breaks out above the resistance level, it suggests that the price could potentially continue its upward movement. To estimate a potential price target, you would generally...