ilmscore | Prediction Details
"when your Target is met that to with a gap up and if it shows some strength on that day so if you see here this is I know this is not called as a hammer because Hammer typically comes at the end of a downtrend this is in an up move okay but just so that you can visualize this looks like a hammer right so you can see here there was a lot of selling pressure and selling pressure and selling pressure But ultimately the buyer started taking it up and up and up and finally it Clos here back to back day two with a hammer okay and you can see here okay I'm just going to zoom into today's candle so that you'll understand what is the importance of today's candle okay I'm also going to share the negative Point as well as positive Point okay now if you see here what is today's high point High Point is 69.8 and what is the close locked at the upper circuit and that is the reason why it has closed at the highest point now there are some people who say volumes are very less not that good obviously volumes were less because it was locked at upper circuit okay I hope you have understood some basic points okay now important point that we learned here was that if you are seeing that a stock has met its Target with a gap up shown two back to back kind of hemmers with one more with high is equal to close it means that there is still some air which we can see in the stock still some strength that we can see in the stock okay calculating the next big Target to be honest is difficult right now it's in the Blue Sky Zone okay"
By CA Rachana Phadke Ranade | January 25, 2024 | Pending
From video
IREDA | This stock is 5x in 2 months | CA Rachana Ranade 00:06:46 - 00:07:14
Interpreted Prediction
The stock may still have upward momentum as it met its target with a gap up and showed strength with back-to-back 'hammer' like candles, closing at the upper circuit. The speaker suggests there is 'still some air' and 'strength' in the stock, and calculating the next target is difficult as it is in the 'Blue Sky Zone'.

Prediction Details

Ticker
RE

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