Continuing with the examples of multiple patterns in 1 timeframe, is of Anup Engineering:
- The powerful H&S reversal pattern played out at around 600 levels in 2021-22. This was also formed at the back of a buyback happening. This led to a move from 600odd levels to new highs of 1236.
- A nice Inverse H&S pattern formed post correction with the Head being held at Fibo levels of 0.618. again around 600 odd levels.
- The Inverse H&S breaks out and retests. This retest forms a cup for a bigger Cup & Handle pattern.
- Currently the stock has broken out of the Cup & Handle pattern and making new ATH around 1400.
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