🟠 TATAMOTORS 🟠 (1D) The stock has failed to sustain higher price levels and has faced rejection 2 times forming a double top kind of scenario in it's daily timeframe 👀 It has managed to close below the neckline swing and a break below the day's low can trigger in some more shorts👍🏻📉💫
🟠 ITC 🟠 (1D) The stock has been trading inside a wedge pattern for a long time, it has taken a rejection from the upper trendline on the daily timeframe 👀 We can look to short this stock below the day's low👍🏻📉💫
🟠 CIPLA 🟠 (1D) The stock has closed near to It's breakout level for the range with a good 2 bullish candles engulfing much of the previous weeks price action 👀 930 is a sentimental level for the stock and we can see a good price breakout scenario if it sustains above this level after breakout in tomorrow's session 👍🏻📈💫
The stock can be seen trading in a triangle pattern and still respect the level of 2015 👀 If there's a breakout of this triangle pattern and a break above the resistance level of 2015 we can expect a good bullish momentum in the stock🐂 This is what i call a point of confluence , one level but 2 PriceAction concepts indicating one bias👍 Levels are marked on the...