Monday, 10 June 2019

AIA Engineering Ltd. - Bullish Breakout Pattern On Weekly Charts. #Watchlist

Click to enlarge/ source - chartink
Dear readers once again i'm bringing one more stock which is very close to its yearly breakout point. stock name is "AIA Engineering Ltd".  Now because its a triangle look alike pattern, so here my first disclaimer is that i don't follow this kind of pattern very often but yet i'm submitting this study because i'm sure some of from you are definitely love triangle breakouts. So here you can do your own analysis in this counter but as of now according to my available knowledge, stock is very close to its breakout point which is 1870 on weekly chart. This chart is a weekly technical chart for a period of 3 year.
Here in this chart i have observed some important positive facts which are as following...
- Stock is trading near all time high.
- there will be no overhead supply now.
- Stocks over all life time charts indicates a very bullish up trend. you can check its 10 year chart.
-Odds are in favour of bullish trend.

So you can also make your own research in this counter and if you like my post dont forget to share and subscribe this blog with your fellow traders. 

Disclaimer :- All research based articles are meant to made for educational purpose with out any buy or sell recommendations.

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Himanshu Tiwari & Market Prophecy Brand Names Are working in the area of research on Vedic Astrology & Stock Market Relations and Price action Technical Analysis. Here in this blog i'm publishing articles related to Stocks/Index/Commodity & Currencies as well as General Price Action technical Analysis. All the articles which are published by me are based on Astrology & Price action analysis. As per the rules before publishing any recommendation of buy or sell on any security listen on exchanges one must need to registered with SEBI. Here posted articles are only for educational and study purpose and not for any kind of commercial use. So use my study for your own sack of knowledge. My only intention to start this blog is to learn new things together.

नमस्कार दोस्तों , इस ब्लॉग पे आने के लिए आपका अभिनन्दन. प्रिय पाठको इस ब्लॉग पे मेरे द्वारा जारी किये गए सभी विश्लेषण, छाया चित्र और अनुसन्धान लेख केवल आप सभी पाठको से मेरी बाज़ार के प्रति व्यक्तिगत समझ व अनुसंधानिक जानकारी को साँझा करने के उद्देश्य मात्र के लिए है. इस ब्लॉग का उद्देश्य किसी भी प्रकार की खरीद या फरोख्त की सलाह देना कदापि नहीं हे क्योंकि नियमानुसार शेयर बाज़ार में सूचीबद्ध किसी भी शेयर में सलाह देने के लिए भारतीय प्रतिभूति और विनिमय बोर्ड से पंजीकृत होना अनिवार्य है.
आप मेरे द्वारा साझा की गयी जानकारी को अपने स्वयं विवेक से अपनी बेहतरी के लिए उपयोग में ले सकते हे. मेरा एक मात्र उद्देश्य आप सभी पाठको से बाज़ार के विषयों पे जानकारी को आदान प्रदान करना हे जिससे सदैव कुछ नयी जानकरी हमें साथ में सिखने को मिले.