TCS is snake-ing up , making a rising wedge. Without the drawing--->
will like to go long in the counter for a positive upmove ! with a STOP LOSS.
Below are the 5 charts in Monthly time frame, which are at an interesting part of their lives. Bank Of Baroda --> On Lifetime Trendline Adani Enterprises--> Breakout and Retest Neck AXIS BANK --> Triangle Fortis--> ON the neckline TCS--> Breakout and Restest
Well...Good Friday! Without the drawing its range bound , testing 382 FIB
Well, thats a complicated way to draw a flag :D Simple way-->
Bharat Forge , after a huge leg up, took resistance at the short term trendline. Awaiting a Breakout or reversal Without Rooster-->
SUNTV is trying to retest its lifetime highs made 6 months ago. After making a good round bottom and multiple inverted head n shoulders inside it, its back on the neckline.for a reversal or a breakout to new highs. A not_so_angry chart -->
SRTRANSFIN just broke out of its weekly Trendline and is looking strong. Making a rising wedge on hourly. Sharp Moves!!
Well,its actually a Cup and Handle pattern with yellow FLUTE as the neckline, awaiting the breakout/reversal. (in comment) AFter drawing the yellow zone, the price action to the left looked like a head and the yellow zone looked like a flute.So went ahead and drew the rest of Krishna :D