Good Price Volume action, Currently at good support level supported by high volume trading zone, Bullish Engulfment occurs after a Downtrend.
Perfect Head & Shoulder pattern for Tata Chemical on short side. Short for target of 595..with a SL of 793. For Educational purpose only.
IOL -Chemical breakout of long resistance line, with huge volume . Pennunt Chart pattern. Target- 797, SL- 546 For educational purpose only.
Forming rounding top pattern with a base of 235, Expected to come to 235, that can be a good entry point. Base is mutli time support level of 235 Same pattern formed by airtel at 400, now trading at 550....
Cup & Handle Pattern, Fibonacci retracement, Multi year Support,,,, Cup & handle pattern formation, handle formation under progress, may reverse from 1200, which act as a multiyear support. Target 2080. educational purpose only
Range bound trade, Parallel channel, Book half amount @ 1115, Trail remaining part for target 2, with Sl 1115. Educational Purpose only.
Petronet LNG is forming Double top pattern, can Buy. If sustain 235 level. In previous case it broke the 235 level, Can long for target of 270.
For educational Purpose only. Perfect Head & Shoulder pattern, Sell Bata India @CMP. Probable target 1302.
Britannia range bound trade, formed doji in Parallel Channel. Safe w.r.t Risk :Reward =1:4, Target is 12.3%. For educational purpose only.
Formation of spinning top with comparatively high volume indicates trend reversal. Can go long with SL 635 & Target 725, Risk/Rewards = 3/5
Maruti has formed Perfect Head& Shoulder Pattern, For educational Purpose only. Probable Target is slightly less than the Head height due to presence of support line below 944 points from here.
Support line have been tested for 3 times.So 1038 will act as astrong support line. Target will be 1128.
Menon Bearings in the Cup & Handle pattern. Probable target 68.2, i;e the depth of the cup from the current value. Target of 30%. Book half amount @20%. For educational purpose only.
Bandhan Bank is on the verge of forming Head and Shoulder Pattern. With a target of 255, and stop loss of 370. Take advantage of the depth of the right shoulder for shorting.
Bandhan Bank is on the verge of forming Head and Shoulder Pattern. With a target of 255, and stoploss of 370. For safe player can short below 310. For better profit catch during the trend formation.
Cup & Handle pattern, with cup depth of 32 points. Wait for a proper volume break out & pull back,