ilmscore | Prediction Details
"very strong evening chart Evening Star U actually like a textbook pattern so in such cases it's it's good to you know if I mean I generally as an investor I don't enter into such stocks where I can see a very clear reversal it's always wise"
By CA Rachana Phadke Ranade | July 25, 2024 | Correct
From video
Indexation removed - Understanding the impact | Intra day trading | CA Rachana Ranade 00:45:29 - 00:45:47
Interpreted Prediction
Predicted a bearish reversal and implied downward movement for Cochin Shipyard based on the Evening Star candlestick pattern.
AI Evaluation Notes
The prediction, made on July 25, 2024, indicated a bearish reversal and downward movement for Cochin Shipyard in the short-term. The stock price, which was around ₹2,592 - ₹2,620 in July 2024, subsequently saw a significant decline. By December 2024, the prices were in the range of ₹1,529 - ₹1,538, confirming a substantial downward trend as predicted.

Prediction Details

Topic
Cochin Shipyard
Target
Bearish reversal / downward movement
Predicted date
Short-term
Price at the predicted date
1,533.9 USD

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