Hexaware recently made a lifetime high and is testing it again. COmpleted the Blue Bat too
CASTROL has been moving in a flat base wedge/ descending triangle. Curently on the edge, awaiting breakout/reversal
In this Nifty correction,PSU BANKS has break breaking its LOVVs(LOWS). This week most of them broke their 52 week low and Many of them are close to their LIFETIME LOWS. Not saying that they are gonan hit their lows, just an birds eye view of whats going on in their lives Here are 9 of them Sharing the same LOW-STORY UNION BANK OF INDIA--> This week it broke its...
TATASTEEL has been bouncing between the support resistance lines, currently on one such strong reistance line which is holding up since october. Awaiting for a breakdown/ reversal
RBLBANK is back testing the one year neckline.Awaiting a breakdown/revesal
HDFCB has been boucing off the neckline for a month. Awaiting a breakdown/reversal
Axis Bank has been bouncing off and on sup/resistance lines.Currently on the median line, completing the head n shoudlers. Awaiting for a breakdown or revesal
TECHM, after a huge leg up. is consolidating. COmpleted the CUP today,awaiting for a breakout or another leg down.for a probable HANDLE
IBUL has been moving in a tringle all of 2018. Currently on the edge. Awaiting a breakout or reversal
CANFINHOMES , afetr a long leg up, is consolidating into a flag, more like a cup thats completed. Awaiting a breakout, or a reversal for a handle,
TCS has been respecting the yellow neckline for a month now. Bouncing on and off it. Neck is right on the 50% retracement.Awaiting a breakout or reversal. Without the drawing-->
FORTIS has been moving in a down channel for a while.Taking support at the green level lately. Broke down and back on retesting the green level again. Awaiting a breakout or reversal. Probably depending on the nifty's direction.
KOTAKBk is moving in an up channel, slowly inching its way , retracing 50% already.Currently on the channel edge, awaiting a break out or reversal from the support level.
JUSTDIAL is moving in a range the entire last year, respecting the neckline. Currently back on testing the neckline and RIGHT ON 200 Ema. Awaiting a breakout/Reversal
Well, thats a complicated way to draw a flag :D Simple way-->
TECHM is moving in an up channel for a couple of months now. Currently on the edge. awaiting a breakut or reversal.
AMARAJABAT has been moving in a down channel more than two years. Making Couple of head & Shoulders. Also, interestingly all the H&S moves are AB=CD Lets see if it continues to do so. Less Clutter-->