HINDALCO is moving in a pretty good Symmetry. It first moved 12.5% down, then 25% up, now down to 11% down. backk on the Zero line.
INDUSINDBK has been moving sideways, for a few months, unlike its usual path of higher highs for years. Making a Head n SHoudlers, currently on a Sup/Resistance level , awaiting break probably when Nifty is done with its Correction.
IOC is back on testing the long support line. Awaiting a breakout/reversal.
LT has been respecting the support line for few weeks. After a sharp leg up, its been FLAG-ing for long, moving in a range, testing the neckline few too many times.
IPCALAB is moving in an up channel for a while, currently on the bottom trendline after a huge leg down. May flag before breaking, on account of Results.
GRASIM has been respecting the neckline for a while. Expecting a breakout/reversal on account of result.
BANK OF BARODA has been respecting the neckline for a while. making a shoudlers n heads. May breakout/reverse on account of result. may complete another shoudler before retesting the neck
After making new lifetime highs recently, its moving in a down channel for a while. currently at the top of the channel's edge, awaiting breakout/ reversal on account of result on monday.
SBI made a huge rally after results, testing the lifetime high levels after exactly 7 years. It tried to test that level a few years back but it was pushed down, just to make a double bottom and rounding up to retest it again. Since it was a huge raly uo, it may FLAG before taking a direction
CERA Ceramics is on its lifetime high run, currently in an up channel, consolidating a bit after a leg up, making new highs. Awaiting breakout/ reversal in the channel
ADANIENT has been moving in a range. giving multiple doublebottoms. CUrrently retesting the lifetime highs. Awaiting Breakout/ REversal on account to result on monday. It broke out of the descending triangle with a huge leg up. May FLAG a little before taking the direction.Blue lines are the lifetime resistance levels frmo monthly chart.
GODREJCP has been respecting neckline for a while making nice accumulation/distribution zones. Currently on the neckline awaiting breakdown/reversal on account of new GST Rates.
DENA Bank is re-testing 8 year lows again after two years. Its been in a down trend since 7 years. Awaiting a breakdown or up on account of Result
FINPIPE has been moving in a descending choppy random Triangle, respecting the baseline . May break either way on account of the results today-ish
BANKINDIA completed the head n shoulders, and back in the neckline. Awaiting a breakout/reversal on account of the result on friday-ish.
Woof! INFY is respecting neckline for a while. Made a big leg up after the result. Back on the back of the dog, awaiting the a breakout or reversal. Grrrrr!
SBIN is moving in a small down channel in a range for a while. May take definitive direction on account of results tomorrow. Tiny candles most of the channel. very small moves.
GLENMARK has been moving in channels to what seems the accumulation on the weekly timezone. After a week long ranging , it broke above the 50 FIB level Currently taking resistance at 618 FIB. .Awaiting a breakout / reversal on account of results.