Get ready for a price surge with Dr Reddy & TTK Prestige!

24 Jul 2024

DRREDDY

• After the market crash in March 2020, the stock began a steady upward movement and formed a Bullish Pennant pattern.
  
• After breaking out, the price surged and encountered resistance multiple times near the 5,550 level.
  
• Consequently, the stock price experienced a significant drop and entered a prolonged consolidation phase.
  
• During this phase, an Inverted Head & Shoulders pattern emerged on the chart.
  
• Most recently, a breakout has occurred, causing the stock to move higher.
  

TTKPRESTIG

• The stock price has developed a Head & Shoulder pattern on the weekly chart.
  
• After the pattern breakdown, the price underwent a significant consolidation period and created a Double Bottom pattern, suggesting a potential reversal in the trend.
  
• By breaking above the pattern's neckline, the price is now moving upwards with a substantial potential for gains.
  

14 Agu 2024

Catatan

Based on our analysis, TTK Prestige has experienced an impressive nearly 15% increase in just three weeks and still going up.