Last week on Monday, the fall that we saw was on account of a stock exchange glitch. However, in the same week the whole loss was nullified leaving evryone at sea.
But now if I go by what the chart is telling me, it says the chart pattern formed is a Rising Wedge Pattern.
There is also a Bearish Divergence along with the ADX losing steam.
Now , either tomorrow...
BPCl has been taking the support of the trendline from 16th July onwards and bouncing exactly from the same levels
1- 420 levels has been a great hindrance in BPCL, check the area marked clearly on the chart % high lighted
2 If able to break this level and give closing above that level then the targets will be as below
T1 - 425
T2 - 428
T3 - 430
Time Frame...
SUN PHARMACEUTICAL
Sun pharma has been getting rejections from 505-510 level many times
1.if the stock is able to give the closing above this level then it may touch
540-550 easily
2. Look at the volumes it has been rising from last 1 week, again a sign of bullishness
If you want me to do such detailed analysis, please comment on the same and like it...
SUNPHARMA FORMING CUP HANDLE, LOOKING GOOD ABOVE 504.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
BANDHANBNK looking good above 375.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
Today SBI has given an break out with good volume on Daily Time Frame. If it will be closing above 200 in Weekly Time Frame i will take this for short term. Target is mentioned on the chart.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
TATA MOTORS GOOD FOR SHORT TERM.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
TITAN can be good candidate forming symmetrical triangle.
Note - These are not buy or sell recommendation. Kindly do your own analysis before investing your money into any kind of financial instrument.
Hiii this is trader kanishk
here we saw a prefect breakout of flag pattern of ASCENDING TRIANGLE Pattern
second. there is a retracement on lower time frame which we consider as an opportunity.
i've drawn an trendline . After breakout i am going to buy this.
i am not recommending you, i am just sharing my analysis here.
Hi - All i am putting my views on
Aurobindo Pharma for 8th June.
Please watch my previous levels which I have posted on the Tradeview, I take all the trades only on Price Action, I do not use any indicators
If any question or doubts you may kindly comment on the same, I shall revert back to soon
Thanks and regards
Pradeep Sheoran
