#bharatelectronics #BEL rounding pattern connecting more than 3 year old resistance and could be a breakout candidate. momentum bullish and Trend indicator rising on all timeframes. Trade only on confirmation with tight stoploss. bearish momentum divergence exit on short term.
#TataSteel walking on the Bollinger band is clear bullish trending move.it is a rounding pattern break out that 16 July. All timeframes good bullish momentum and trend.Make note of volume spike before making entry as it is currently seen below moving average
Rounding pattern breakout on weekly Larsen & Toubro
now nifty has made round shaped pattern with ending diagonal at supply zone and also there is zone over zone. which gives a good confirmation for sell. from now we will be bullish if it crosses 15450 and below 15450 -- bearish so a good fall fall is expected in market after completion of ending diagonal. PCR is 1.24 Indian VIX is @ 19.08