Motherson Sumi Create a Strong Trend Line which was price respected from 20 months. And at resistance level create a Reversal pattern Double Top & Breakdown-retest the neckline whose first target would be possible 189. if it happens, 20 months trend line also breakdown after that next target is 146.
L&T Break Down Trend Line which was respected from 4 months. Now look like create a H&S pattern the simble of Price Reverse After break the Neckline we expect down to 1551
Price respected the 4 month Trend line Now Break this line with Descending triangle which constantly multiple time tested Now at retest area, after confirming retest buy at 50-52 & target with 60 & SL Billow 46.70
Nifty 50 in Downtrend, Nifty break down a old Trend line with H&S Pattern After Breakdown 16657 possible to Touch 15462