Trendlineresisten

CANARA BANK Hello and welcome to this analysis Like all PSU Banks saw a very good 2021 in terms of price performance thereafter in 2022 it went into a correction mode in line with market trend. The structure of the fall as can be seen in the chart is of a slanting channel currently. If it manages to break above 235 then 244 is the 1st line of resistance, above that 255 is where it has not one (Bearish ABCD) but two (Bearish Alt Shark) have a PRZ. The trend might see a pullback/consolidation there. Once it

by Dinesh_C_Nagpal

Natural Gas Sharp Fall Expected - Long Term Analysis Sharp Fall is Expected in Natural Gas. As it has taken resistance at rising trend line on Weekly Charts. Historically NG forms Rounding bottom formation and now it completed its cycle. see charts for detailed analysis about the forecast.

HINDPETRO Stock formed huge hammer candle with huge volume in Oct,18, since then stock gets stabilized. Currently trading near previous trend-line resistance. Further confirmation required to spot reversal in the stock, till then keeping it on in the track list..

by manuagarwal21