Has Cement sector bottoming out like pharma? here are 7 cements with the divergence. ULTRACEMCO--> RAMCO CEM--> near long term support JK LAKSHMI CEM--> MANGALAM Cem--> ORIENT CEM--> AMBUJA CEM--> INDIA CEM-->
The newly listed BHARAT_DYNAMICS of govt_of_india has beeen moving in a range sine its IPO in May. Currently testing the base for a Reversal or a breakdown.
Well... Without the drawing.. its testing the year long neckline, that hasnt been tested since 2017. awaiting a breakdown/reversal ALso the Gartley completes on the neck.
AMBUJA CEM has been moving around the neckline for a month. After a huge leg up ,retesting it again.
EXCORTS is moving in a triangle for a Month. Narrowing down now.
HDFCLIFE has been respecting the lifetime trendline . Retesting again. Awaiting a breakdown or revercel
Pharma Sector as been in a downtrend since 2015. Since few weeks a bunch of pharma stocks made double bottom with positive Divergence on MACD. Is it the reversal of Pharma? or just the regular correction. AUROPHARMA ---> LUPIN--> SUNPHARMA--> GLENMARK--> DR_REDDY--> WOCKPHARMA--> Testing lifetime trendline DIVISLAB--> Testing Median CIPLA-->...
Bandhan Bank has been moving in a channel after its IPO in April, broke the channel today. Finding resistance at the Median.
EQUITAS is moving in a triangle for couple of days.Narrowing down now.
GODREJ COnsumer Products is retesting the previous lifte time highs made not too long ago.
TATAELXSI is making a daily flag.Also Bouncing off the 382 FIB
TCS is snake-ing up , making a rising wedge. Without the drawing--->
VEDL in its ups and downs this year, completed the Gartley. Currently testing a sup/resistance line with a lot of dojis and hammers and stars.. If it happend to reverse, it can complete the Cypher. But it will take a few too many months.
10 Monthly CHarts --------------------------------- Below are the 10 charts on an intersting point in their lives. BEML--> Testing Median LUPIN--> Hovering on lifetime 618 FIB TATASTEEL--> Testing Resistance/Supp Line TATACOMM--> Testing Res/Sup Line CEAT --> Testing Sup/Res Line ADANI POWER--> Testing lifetime lows made 3 years ago SHRIRAM TRANS...
TVS MOTORS is retesting the year long neckline.Awaiting a breakdown or reversal.Closing to its 52 week low
Escorts has been moving into a channel. Currently testing the edge.
Bajaj Auto has been respecting the neckline for TWO years now. Currently testing the neckline again. Awating a breakdown/reversal Without the Drawing-->