NSE:TATACHEM : Weekly engulfing bear candle exactly breaking yearly average and break down long trend line on weekly chart. May continue same down trend in short term. In comparative analysis it looks like probably head and shoulder.
NSE:TVSMOTOR - Weekly engulfing bear candle exactly forming near double top ( probable). May be continue next week also. On other side indicators also losing strength on chart.
NCDEX:COTTON Weekly trading near ema 200 with completed correction and holding / reversed from fibo 61.80 levels from last big move. May be possible to forming a rounding bottom near ema 200. Risk reward is very favourable for positional trade.
NSE:HINDPETRO Potentially outperforming stock with positive divergence on indicators.
NSE:RELIANCE Reliance break weekly support after long time and on monthly looking head and shoulder on top. looks like stock may be underperforming in short term.
NSE:LICI On weekly chart it is forming probable double bottom with confirmation of bullish engulfing candlesticks pattern on weekly timeframe.
MCX:COPPER1! Daily macd crossed below zero line with double top in price action. one bounce on 4 hrs chart timeframe near 760-765 is best selling zone the trg of upto 700 in month of March contract. do your own analysis before trade. This is my personal observation and not a trading recommendation.
NSE:LINDEINDIA weekly triangle breakout with e52 support in weekly chart.
NSE:BANKNIFTY1! Banknifty showing some weakness on daily chart like rounding top with macd .showing some short term weakness.
NSE:CYIENT Weekly rounding bottom with outperformance. Price given weekly breakout candle last week may continue its rally upto 1200.
NSE:ECLERX Weekly triple bottom also looks like rounding bottom, may zoom stock price upto 2000 in short term. Stock is outperform the market from several weeks.
NSE:TATACONSUM Weekly chart triangle breakdown and traded below yearly average. also initiating and mature head and shoulder on weekly chart.
NSE:RELIANCE Monthly chart showing head and shoulder on top. Macd and rsi showing negative impact on price in short term.
NSE:COFORGE Weekly rounding bottom with inverted head n shoulder breakout . momentum is very strong as macd showing strength.
NSE:JKCEMENT Weekly inv head shoulder breakout and retrachment near neckline.
NSE:HERITGFOOD Weekly inverted head shoulder with positive ema crossover.
MCX:CRUDEOIL1! Crude daily chart inverted head shoulder failed , on weekly chart candlesticks showing down trend continuation till weekly 200 ema stand near 5400. Will it achieved in next 2-3 weeks. Let see...
MCX:SILVER1! Silver weekly candlesticks settle above resistance and probably forming parabolic moves in near terms. Very good risk reward in current scenario.