INFY made a good leg up last week, reaching the top of the weekly channel awaiting a breakout/reversal, probably flag a bit before breaking.
Tatametali has been moving in an up channel for a while, currently on its edge awaiting a breakout/reversal. Ddhhishkyaoooonnnn!
LT has been making a pretty obvious zones, accumulation till 1150 selling till 1200.What wud be the last Zone distribution or accumulation for the next leg up?
Havells has been moving in a wedge for long, currently on the edge again, awaiting a breakout or reversal
AMARAJABAT, ater a huge (neck) leg up , is moving into a flag/descending triangle/face. Awaiting a breakout .Yeehawww!
IGL is moving in a triangle for a while, currently consolidating in its tip .
BHARATFIN is moving in a triangle for a while, closing in at the tip, awaiting a break in either direction.
LUPIN is slowly making its turn to the upside, currently obeying the base of the channel to the very last point. Awaiting a breakdown/reversal
Reliance has been moving up taking good support/resistance at each level, noticeably with sharp turns and reversals. Currently at such a level, awaiting a breakout/reversal for another leg
GAIL is moving in a down channel for a while . Made a big leg up to reach the top edge, awaiting a reversal of breakout. ALso it has a nice separation of levels in top and bottom part
IDEA made a good round bottom.back to the neckline. awaiting a breakout/reversal.
BPCL has been moving in down steps for a while, respecting the Sup/ Resistance levels along the way. Currently on the edge of trendline for a possible breakout/reversal
INDIGO has been respecting the neckline for six months now. Making double top and double bottom in the process. Its currently hovering on the neckline , awaiting a breakout.
DLF, after consolidating for a few months, completed the head n shoulders and broke out of the neckline to retest the three year highs. It has potentially ended its 7 year long downtrend. . Awaiting a breakout to test previous structure highs on higher timeframes.
AURO has been moving sideways, making a few patterns along the way. Recently completed the Cypher, and reversed already. Are we too late???? B- level seems interesting since BAT n CYPHER chare the same B-level. ANd its been tested a few times already. Its about to test that levels again. awaiting a breakout or reversal from that level.
WOCKHARDT completed the Cypher pattern, and bouncing between a range, 618 and 786 FIB of the leg down. Still in the monthly downtrend, currently its trying the break the long term downtrend.
TITAN is moving in a descending triangle, with a triangle. Awaiting a breakout/reversal.It has a huge gap to fill.- if at all-
IDEA has been moving in a triangle. Currently in the small range between the bottom parallel channels. Awaiting a breakout/reversal