ilmscore | Prediction Details
"so if you see here one point you can say that this is a double top I can also look it from this angle let us say this is a w formation pattern and tried a little bit more properly so that I connect this as well I can say this is like a double bottom wow there is no such pattern but if I want to make one now this is like a cup which has two sections and then it also has one handle to it so it's like a double bottom plus one handle to it okay but see anyways in technical analysis it's not going to be like exact every single time right but if this were to be so then we also have to check from as for the double bottom formation pattern there could also be this thing coming up but still one zero eight six only not much steam left and here you can see in the monthly candle also this is like a hanging man I don't know this is called as a shooting star typical example of a shooting star"
By CA Rachana Phadke Ranade | July 6, 2023 | Pending
From video
Nifty to pause? | CA Rachana Ranade 00:42:43 - 00:43:52
Interpreted Prediction
Sun Pharma exhibits patterns that could be interpreted as a double top, double bottom, or cup and handle. However, there isn't much upward momentum left, and a shooting star candlestick pattern on the monthly chart suggests a potential reversal.

Prediction Details

Ticker
SUNPHARMA

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