Look for a bullish breakout in Axisbank. A pennant pattern is evident in this stock. Price level of 1113-1115 range is resistance to watch for a breakout. I will update the entry taken for buy later in the idea comments.
After completion of ABCD, harmonic pattern. Buying strategy will be on breakout and retest of the entry price mentioned in the chart. (562.50)
An ABCD Harmonic pattern is under formation in the Adani Port chart with a possible price reversal at 1323.90 (which also confluences at Bhoomi's first bullish target) We can have a short-side trading opportunity with the least SL on completion. Updates once the formation is validated on completion.
A right shoulder is yet to be finished so this particular stock "GMRINFRA" is only a stock to watch. If this pattern finishes with valid rules for the pattern, we can see the prices falling to the 53-55 range.
A rejection of 615 and a close below 600 attracts a bearish entry in ICICIPRULI Selling below 600 SL 618 Targets 583, 578, 567 It will be valid only on the test and rejection of 615 as resistance. Bearish invalidation above 615.
I daily make educational content videos for swing / positional trading
I daily make educational content videos for swing / positional trading
📊 DETAILS Sector: Pharmaceuticals & Drugs Mkt Cap: 6,919 cr FDC (Fairdeal Corporation) Ltd Limited (found in 1936) is among India’s leading fully integrated pharmaceutical companies. The Company is a pioneer in the manufacture of specialized formulations, and among the world’s foremost manufacturers and marketers of Oral Rehydration Salts (ORS). Some of...
I daily make educational content videos for swing / positional trading
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