TVSmotors is moving in a range for a while respecting channels and median along the way.Recently made lifetime highs and tries to retest it yesterday but failed.Currently back on median, awaiting a reversal/breakdown.
Bharatfin just broke out of the 618FIB n heading towards completion of the possible BAT Pattern.
Reliance has been moving in pretty channels taking sup/resistance at each step.CUrrently at the base of the channel, awaiting a reversal/breakout. Also its close to its daily trendline.
JET has been respecting the neckline for a while, making nice arcs. Currently on the neckline, awaiting a breakout or reversal.
BAJFINANCE -0.89% has been moving in a range for a while, completing the Blue_Bat and Green_Gartley. Currently back on the range support level , about to INVALIDATE the gartley if it breaks below X , or it can reverse back for the completion.
JUBILFOOD is moving in a rising wedge for long, squeezing in. Currently on the edge awaiting a reversal or breakout.
LICHSGFIN has been respecting Black neckline all year.Price has been rolling off the mountain from last six months, back to the base line, awaiting a breakout/reversal.
HINDUNILVR is moving up making higher highs and higher lows in triangles. Currently at the base of the top triangle awaiting a breakout/reversal. Deer o Deer!
After the sell off, a few scrips are back on 200EMA. For all those trend followers here are few in comments. ASIANPAINTS--> INDIGO--> HEROMOTO--> IOC--> TORNTPHARMA--> IBULHISFIN--> PNBHOUSING--> BALRAMPURCHIN-->
ENGINEERSIN has been moving in a Channel , currently on the edge awaiting a reversal or a breakout to complete the BAT Pattern. Beware! its monthly! Will take 2 million years to complete.
JET has been respecting the neckline for a while, completed the inverse head n shoudlers.CUrrently on the neckline awaiting a breakout/reversal
INFY has been moving in an expanding wedge , currently on its edge, awaiting a reversal/breakdown. Its finding support/resistance at every FIB level.
HDFC BANK has been moving in a range for a while, making new highs with each retest. Currently retesting the lifetimehighs again, awaiting breakout/reversal..
TVS completed the head n shoulders, awaiting a breakdown or reversal.
AMARJABAT has been moving in a rising wedge. CUrrently on the edge, awaiting a breakdown/reversal.
CEAT completed the BAT Patttern on 15 mins chart and making a flag near D.
IBUL has been moving in a down channel for long,currently on its edge, awaiting breakout or reversal.
Retesting the yearly highs again ,awaiting a breakout/reversal