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Amara raja batteries - Bullish breakout on daily chart Amara raja batteries - Bullish breakout on daily chart - Expect continuation.
Multiple patterns in Tata power weekly chartWeekly chart providing multiple patterns.
1) Weekly TL(blue)break out, pullback and continuation up move.
2) Inverted head and shoulder pattern
3) Strong support and resistance level. Just closed above the resistance.
Recent volumes are also high. Looking good for long entry.
For educational purpose.
Up coming Trade set up ( Chart Pattern) Based on Chart pattern i am forecasting the BNF next move , One has to understand very clearly the close below
23000 on daily basis , I will consider this move in deed going down , Or other wise this will remain in the side way pattern
Its one of the possible pattern
and take profit is a cluster where it can reverse
Do Not trade blindly its one of the possible pattern ,
Good luck