Base with 18% drawdown and near the ATH now Good results
Weak structure, poor earnings, weak market can take it to dust
Good to short if market doesnt give any Upper traction, PSUBANKs are weakest of pack currently , Weakness in overall market can take it to downwards
Can see classic Head and shoulder in making since couple of days, Currently right shoulder is in making. It may have reverted to upside with breakout of mini coil but today's action in nifty says some more pain is coming. Need to see closely Also most of indices, #CNXSMALLCAP, #CNX500 has some story but today's strong action in NASDAQ and S&P500 may take few...
out of long base , and in channel , Minimum target 1000 in near term #Aegislogisctics
Near upper trendline, lets see when it gets out of it
Long INHS pattern with spurt in volume recently, all other tyre company showing strength
Nice Cup with handle pattern , may break the handle area soon
Base is symmtrical triangle and recetly consolidating around 10ema , a low risk entry can be made here
Out of first stage and now making continuation pattern , entry can be taken in 1-2 days
out of long Long base and now in small rectangle congesiton, good resistance to today's fall
really long base and now tight closing last couple of days, expected target shared
out of 8 month long base, expected move of 100 points