HINDALCO IS IN ACCUMULATION FOR POSSIBLE UP OR DOWN MOVE VOLUMES ARE VISIBLE IN A CERTAIN RANGE (MARKED) TRADE ONLY AFTER BREAK AND PULL BACK
TATA MOTORS - IN CONSOLIDATION PHASE
In important level Which may pull bank nifty down further when breaks
Personally I am not a big fan of patterns and neither trend lines, still I might use trend lines for reference and better view. But we can see similar and perfect patterns in many stocks, you open any chart and boom you will find this pattern. I do not trade based on any pattern or indicators, but since I can see this pattern, so I just drew it over here. But even...
DRREDDY - After consolidation, its about to break from the channel.
Dr reddy recently broke the trendline , retested it , and now formed a triangle type pattern , retraced 0.618 and going upward . Can go for long if breaks the triangle pattern.
AURO PHARMA - AS THE STOCK IS GOING HIGHER THE RANGE IS CONTRACTING HIGH VOLUME SELL CANDLES VISIBLE... QUITE POSSIBLE STOCK MAY GO SIDEWAYS FOR FEW DAYS BEFORE PROGRESSING ANY SIDE