Stock was consolidating. Today the stock has shown a strong candle. The stock looks ready for a decent upmove
Suppetro was in a Lower Low Lower High structure. Recently the structure was changed and today it has confirmed the reversal by forming HH HL Structure.
Torrent Power Channel BO. swing traders can enter now with Swing Low SL.
Kotak closed strong with BO above ATH resistance. Looks good with 90 points SL for entry @CMP.
WELSPUNIND (Daily):-Retest Range 74/79 & Pattern Target 90/100++, Pattern Invalid Below 69 (DCB)
Watch the trendlines. It is approaching ATH levels and has just closed above more than 3 yrs trendline. One such more excellent scrip in this dept. is Somany Ceramics.
Head and shoulder pattern can be observed in SUVENPHAR and the stock is taking support at the Trend line/ Neckline. If it breaks this neckline, can be a good short. Levels mentioned in the chart.