ICICIBANK has completed a large Ending Diagonal on Weekly and Monthly charts. We should see a rapid decline in on ICICI Bank. The targets lie around 140! yes 140! Similar patterns are also seen on Bajaj Auto, Hero Honda, Yes Bank, Motilal Oswal Financial Services and we have already witnessed what happened. Expect a similar rapid decline on ICICIBANK too
HindUNILvr appears to have completed an Impulse and a three wave correction. It is now likely heading to 1280 levels. This is a long term Multiweek Projection. It is very unikely we will see any upside on HINDUNILVR in the next few days and weeks
HCLTECH to bite the Dust!! HCLTECH has completed a Ending Diagonal on a weekly chart. It is likely to test the lows of 640 rapidly. The weakness is quite clearly visible.