Banknifty is expected to be in range and might consolidate for 2-3 days and expected to give up move if breaks on the upside.
Range breakout in RECLTD after taking support from breakout level
Divis lab has given consolidation breakout on hourly chart and has bounsed from monthly
PEL has given a false breakout ans is now back to the range. Now it's forming a triangle pattern and is ready to give breakout, probablity of it going down is high.
Nifty is showing inverted head and shoulder pattern and is near neckline. If the h&s necline is broken then we may see 15500
Nifty
