WHIRLPOOL Breakout from Rectangle + Flag & Pole Pattern
✅ The stock is trading within an ascending triangle pattern, showing a strong bullish breakout above the upper resistance level around ₹2,150. This breakout indicates a continuation of the uptrend that began in May 2024.
✅ The RSI is trending upwards and is currently around the 68 mark, indicating strong bullish momentum. The recent spike in volume further supports the validity of this breakout.
✅ A successful breakout above the resistance, combined with sustained volume, could propel the stock towards higher levels, potentially targeting ₹2,300. Traders should monitor for a sustained close above the breakout level to confirm this bullish move.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.