A Bullish Inverse Head & Shoulder pattern is Formed in Venkey's India Ltd. on hourly chart as drawn in chart. Same time MACD is also above Zero line , Breakout is happened with Volume spike above price levels of 2680 i.e. Neck line. Target price 3172. As per moving Averages too it's sustaining above all moving averages. Indicating upward rally in it's prices....
Eicher Motors took resistance at Falling Trendline Shown on chart. and from thereon we witnessed sharp fall currently its near to Rising Trendline. Both Falling n Rising Trendline Creating Symmetrical Triangle Formation. So it will be interesting to Watch Eicher motors share price movement in coming days. Either Side break out or break down will give 1000 Rupees...
Lupin Ltd. Made double bottom around 918 - 920 levels. Same is supported by RSI positive divergence & drawn on chart. RSI is also breaking out of Falling Trend line , same is drawn on chart.
