Aditya_Pal_Singh

Aditya_Pal_Singh

HDFC BANK formed a Flag and Pole on the hourly chart. Price took resistance from the recent high of 1560-1565 and is now consolidating in the Flag formation.

Aditya_Pal_Singh

Info Edge (Naukri) gave a breakout of a Parallel Channel formation on a daily chart with a spike in volume. The graph may look complicated but try to look at the chart in detail and notice each and every point and channel. This is a beautiful example of how price behaves in the actual market and how the trendline and different formations on the chart act to give...

Aditya_Pal_Singh

Hero Motocorp formed a head and shoulder pattern on the daily chart. if the price gives a breakdown of the neckline then we may see a good downside move from here. From investing point of view, the price has already corrected more than 30% from the march high that make this level a good point to add stock to the portfolio.

Aditya_Pal_Singh

Infosys formed a descending triangle on the 15-minute chart with price right now at the demand zone

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Hindustan Unilever gave a fresh breakout of a parallel channel formation with a huge spike in volume after a long consolidation in the parallel channel.

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Just Dial is consolidating in a very short range at a support level which was previously acting as a resistance for the price to go up.

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Ashok Leyland price in consolidating in a rising parallel channel. Right now price is trying to take support at the lower side of the channel. If it breaks this level then there is immediate support available @ 120-122 which has already pushed the price back up multiple times.

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Tata motors formed a descending triangle on 15 minute chart and is now ready to give a good move on either up or down side.

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L&T formed a flag and Pole Pattern on an hourly chart. The analysis is backed by the increase in the volume of bulls at the time of the formation of the pole and the decrease in the volume of bears in the Flag formation justifying the two most important criteria for Flag and Pole patterns to give a breakout. Still, it is the stock market so be prepared with arms...

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HDFC Bank is in good momentum for the last couple of sessions. Right now it is on the verge of giving a breakout of a level that previously failed to act as Support and afterwards, had been acting as Resistance.

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TECHM formed a pennant on a 15-minute chart after a large movement in the price.

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HDFC gave a breakout of a Channel consolidation. Retested the level. Now continuing the momentum.

Aditya_Pal_Singh

TCS gave a fresh breakout of a Rising Wedge Formation in the daily chart with the spike in volume.

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Asian Paints forming a Descending Triangle on the 15-minute chart. The price a squeezed to the maximum forming lower highs and is now on the verge of giving a breakout/breakdown.

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L&T price going down in a Parallel Channel. Today it has given a breakout of this channel and taken resistance above it. Right now it has come down and retested the resistance line of the Parallel Channel giving an up move with a spike in volume.

Aditya_Pal_Singh

Titan is range-bound in a symmetrical triangle formation which is now narrowing down. a breakout/breakdown of this range can occur tomorrow and can give us a good movement on either of the sides.

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HDFC BANK formed an ascending triangle formation on the 15-minute chart.

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Hindustan Unilever formed an Inverted Head and Shoulder pattern on 15 Minute chart.