Shipping Corporation: Bullish Looking ChartThe stock has been in an uptrend for a while now. The red lines in the chart are Action-Reaction Lines. Notice how these lines have acted as support / resistance. Next destination could be the top red line at 87.50-ish.
But, for patient investors, this stock could deliver more is my guess.
Action
Kajaria Ceramics: Nice Action-Reaction LineAfter a sharp fall, price has stabilised and tried to recover some lost ground. The close above the 200-dma is a positive sign too.
The red lines represent Action-Reaction lines. Andrews Pitchfork is a subset of these Action-Reaction lines.
Price could rally to the upper red line at 680-ish.



