NSE:ADANIENT is finding difficult to break high of 223-224 , again a bearish pinbar formed, i will go short if it starts trading below 218 for target of 205 .
Accumulate in Cash for 250+ as per C&H
ADANIENT has formed a bullish bat type pattern on the daily chart (or the formation is near completion). The Stoch RSI shows a loss in downward momentum. NSE:ADANIENT One can initiate a trade whe the CMP breaches 150-152 levels with good volumes. Rest all information is in the charts.
ADANIENT has been moving in a range. giving multiple doublebottoms. CUrrently retesting the lifetime highs. Awaiting Breakout/ REversal on account to result on monday. It broke out of the descending triangle with a huge leg up. May FLAG a little before taking the direction.Blue lines are the lifetime resistance levels frmo monthly chart.
Ascending channel Sell setup on ApolloTyres
BEML Reversal Pattern Forming , Wait For Price Action before Selling
AshokLeyland Watch for Price Action , Near to Double Top it will come back or wait for breakout