Expected Direction for this month on Siemens India if breaks resistance zone another 100 points upside rally can be expected for bull trap (this is what generally markets do )and back to support zone mentioned . This stock has broken upside from approx 18 months of consolidation , hence may keep consolidating in between support and resistance zone any negative...
The Butterfly Patterns or XABCD of both "Bullish - Blue waves" and "Bearish - Red Waves" view has limited time to unfold tried drawing them taking time cycle of market into consideration with best of my knowledge. not a recommendation to consider but keep a close eye
support zone of 5800-5820 range should see pullback on higher side if maintains support
pattern repetetion for 2 days in order , option writers might have bad best 2 days in last 2 months . All resistance and supports will be in play even for monday i,e 11-07-2022 session as well
buy setup analysis on Lupin , seems upward consolidate is in progress and may take a breakout very soon.
sbi life insurance 15 min chart from swing analysis on resistance zones
kindly be cautious on this upswing as the stock is getting in resistance zone and sellers may be active very soon
Nifty waiting for complete fill of long pending gap before the downward journey begins . If the trend continues on upside then need to re-analyse around 16500 levels
Dow Jones 15 min chart with trend analysis for educational purpose