adaniport looks bullish in short to medium term. In daily
price at ascending channel support. It can go up to channel resistance.
Also hidden bullish divergence is seen in daily.
In weekly, it is at horizontal support.
sl - 366 tgt - 420-430
Ascending Channel
inox leisure looks bullish in medium termIn weekly, price at the ascending channel support.
sl - 220, 1st tgt - 300
lakshmi vilas bank looks bullish in short to medium term.It is in long term uptrend.
In weekly, price bounced from ascending channel support and previous peak.
Also price bounced from uptrend lower BB.
In daily regular bullish divergence is seen.
sl - 165, tgt - 210-220
gujarat alkali looks bullish in medium term.In longer time frame, it is in strong uptrend.
In weekly, it is bounced from the support of ascending channel. Also hidden bullish divergence is seen.
sl - below channel support - 375.
1st tgt - 470, 2nd tgt - 520.
hdfc bank looks bullish in short to medium term.In longer time frame, it is in a strong uptrend.
In daily, price at the support of ascending channel, with a sl below the channel support, one may aim for previous swing high then channel resistance.
indusind bank looks bullish in short to medium term.In longer time frame it is in strong uptrend.
In daily, hammer formed near ascending channel support.
with a sl below the channel support, one may aim for previous swing high, then channel resistance.
merck looks bullish in short - medium termlong term trend is quite bullish.
in daily - price near uptrend channel support. with a sl - 1060(below channel support) tgt - 1280, 1300
century ply looks bullish in medium term.in weekly - price bounced from uptrend channel support it can easily go to the channel resistance.
also in longer time frame, it broke out of horizontal channel with good volume,
sl - 280 1st tgt - 330, 2nd tgt - 365
bse midcap index looks weak, we may see consolidation/correctionin weekly, midcap index is in uptrend channel resistance, regular bearish divergence seen, we may see consolidation/correction
nbcc looks bearish in medium term.In weekly, price touched ascending channel resistance line, now it is moving down.
In daily, ascending wedge formed, support broken, now retesting the broken support.
Also BB shows the reversal in the trend.
Price can slide down to 180-170 range.
pvr looks bullish in medium termin weekly, pvr bounced from uptrend channel support and horizontal support.
sl - 1286, 1st tgt - 1643, 2nd tgt - 1780
bharat forge looks bullish in medium termprice is in uptrend channel in weekly time frame. and current trend is up,
So it can go to the channel resistance easily
sl - 1070 1st tgt - 1210 2nd tgt -1280
Sanghi Industries- Resuming its upward journey ?Sanghi trading at support line in channel pattern, will it resume its upward journey.. target: top line of a channel.
sbi looks bullish in medium term.price is moving in a uptrend channel in weekly time frame, and the current trend is up, so it should easily go to the channel resistance.
sl - 274, tgt1 - 310, tgt2 - 330
V2 retail looks bullish in medium term.in longer time frame it is in strong uptrend.
in daily it is in uptrend channel, also bounced from horizontal support.
with a sl - 230, 1st tgt - 261 2nd tgt - 285
talwalkar looks bullish in short to medium termin daily, price bounced from uptrend channel support.
sl - 293, 1st tgt - 330, 2nd tgt - 340
balkrishna ind looks bullish in short to medium termin weekly it is in strong uptrend,
in daily, hammer formed at uptrend channel support + horizontal support, price should reverse and go up from here.
sl - 1573, 1st tgt - 1732, tgt2 - 1800
Ascending Channel on Nifty - IntradayAscending or Rising Channel pattern on Nifty and it may break the channel on downside or may break on inside channel. Levels are mentioned by Pivot Points.
Will it Make or Break the Ascending Channel on Bank NiftyWill it Make or Break the Ascending Channel pattern on Bank Nifty. Principles of Ascending Channel - the price will break on downside and leads to fall. On here, bear doesn't have the strength to fall or make a big movement on downside. Probability, the price may pull up inside the channel.
Note: I am giving the levels according to the pattern principle.
Trade:
Short level - 24000
Level 1 - 23950
Level 2 - 23900
Level 3 - 23850
Stop level - 24060
tata power looks bullish over medium termprice is moving in an uptrend channel in weekly time frame.
Recently morning star candlestick formed at the channel support, and price is reversing , so 1st tgt - previous swing high - 90.5, and sl - below the channel support - around 76.7 .
gail looks bullish in medium termgail is moving in an uptrend channel in weekly, and now at channel support, also hidden bullish divergence is seen.
so sl - below the channel support - 342, and 1st tgt - previous swing high - around 425
finolex cable looks bullish in medium term. it is in a strong uptrend in monthly time frame.
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly.
so sl - 447, tgt1 - 551, tgt2 - 590
