ilmscore | Prediction Details
"alyes okay Cup and a handle formation okay I'll share my screen so if you see here uh okay let me just pull up the monthly chart first so that I can show you the overall trend also okay last few months now if you see first let me just pull out the long-term Trend so if you see the long-term Trend right so it has touched year one twice third fourth time fifth time sixth time seventh time 8 9 10 11 this was a clear cut downward sloping Trend here first time it came outside that downward sloping Trend look at the volumes amazing volumes wow just looking like a wow if you compare it with all these previous months it's a sharp increase in volumes even if you see this month's volume it is it has already surpassed November and October volumes nice interesting uh out of its downward sloping Trend volumes look good have a look at macd about to cross over RSI on a monthly chart at 53 pretty much comfortable position if I were to go to a daily chart now you can see here a cup and a handle formation being formed here okay it has broken out and again if you see here from one to if I were to clone this immediate pretty much close to uh the cup and handle Target okay"
By CA Rachana Phadke Ranade | January 4, 2024 | Pending
From video
Is the rally over? | CA Rachana Ranade 00:22:26 - 00:25:00
Interpreted Prediction
Alkyl Amines is showing a cup and handle formation on the daily chart and has broken out of a long-term downward sloping trend line on the monthly chart, with increased volumes and MACD about to cross over, indicating positive momentum.

Prediction Details

Ticker
ALKYLAMINE

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