Indigo took support on an important rectangular area. It re-tested but got resistance from 50 EMA. It will come and retest the support line and then can either break sharply upwards or downwards.
ADANI ENTERPRISES - GOOD TO BUY NEAR 305-308 LEVELS GOOD TILL IT BREAKS 300
Price was moving on a trend line and it was expected to take support for the one last time before fall, but it went down straight away. If we consider the triangle pattern price should have taken support and move towards the top of the triangle and breaks up else it should come down and break down, but it breaks down excluding both the move. From the above...
if you see on daily TF, price moveing in descending triangle when price brek the pattern then put the trade and stoploss ..
Important level 173 break then zeel sharp sell
Maruti given a flag pattern BO in last trading session with good volume. If sustained over 7130, Buy can be initiated and there are several hurdles like marked in the chart. Sl to be maintained below 6970.