Best wait for tomorrow to see whether the stock moves further down. If it does, it seems best to short it!
Ajanta Pharma (ajantpharm) (weekly) has given breakout. Stock will remain positive till it stays above the trendline.
Glenmark Pharmaceuticals (weekly) staying above 395 level, it will give good breakout. A journey toward 500 level.
VIP INDUSTRIES on a Bullish Falling Wedge about to breakout. Everything on the chart.
Levels mentioned in the chart
HDFC bank is making clearly wedge pattern ..until it cross the trend line with momentum candle we cant be bearish and HDFC bank result will come on 20-23 Jan. So, ready for Target - 1320 .
Check if it opens higher than 743 then it will break the triangle or else it will be range bound till the support line
happy new year ! to all those amazing souls reading it !
At present raising wedge pattern formed.... Targets and stop loss are mentioned in the chart. t.me
BULLISH PATTERN IF SHOWS REVERSAL( LONG @ 520) IF RANGE OF 505-502 BREAKS DOWN THEN (SHORT @500)
If market seems bullish go for a long .or vice versa technical analysis & targets given in chart .
Upward rising wedge, i beleive there's more upside to the stock