BAJFINANCE has been respecting the neckline for a while, moving inside a triangle. A break from the triangle wud give a clear direction.
INFIBEAM made a dream rally in last coupls of days.Ending up making a 50% jump frmo 125 to 195. Currently flagging up, obviously. Awaiting the triangle breakout in either direction
CESC has been respecting the neckline for long. Awaiting a breakout/reversal on account of results.
Ashoke Leyland as been moving in an rising wedge most of its life. Recently made new lifetime highs . Currently on the edge awaiting a breakout/ Reversal Also the last leg up is moving in a channel. This is weekly frame, it wud take million years to complete.
After a hugee leg up to make lifetime highs,a flag is obvious and desirable,
Havells has been respecting the neckline for a while. Currently making a cup n handle awaiting the breakout/reversal.
After a huge fall yesterday, it took a good support at the neckline. Lets see if its strong enough to hold the after shocks.
SUNPHARMA completed the Orange gartley pattern.ALso thers i a Green BAT pattern. It may retraace in the parallel channel , before making a move up to complete the bat. or just breakout straight away.
UJJIVAN has been moving in a range for a while, respecting the median.Been in the bottom range for long. Currently testing the neckline again for a possible breakout or reversal.
IGL has been moving in an uptrend for a month in a STAIRCASE pattern.Nice bifurcation of sup/resistance levels in 3 triangles. Currently testing the black trend line again, awaiting a breakdown/reversal.
HDFCBANK has been respecting the neckline for a couple of months. AFter making a big leg up, its back in the reversal /breakout zone making Hammers and Dojis in the end.
INDUSINDBK has been respecting the neckline for long. Its also movingin the down channel. Made a good leg up yesterday/ Currently on the intersection of neckline and channel edge. Awaiting Breakout / reversal.
HINDALCO ismoving in a flag, afetr a huge leg up. Awaiting breakout/ reversal on account of Resutls
PNB, after an impossible rally, its making a flag, obviously. Awaiting a breakout or reversal
GODREJPROP is moving in an up channel for long. Its been in an uptrend for an entire year. Currently making new lifetime highs. waiting breakout/ reversal from the edge.
VEDL has been moving in an rising wedge for a while,it got out of the wedg just to retest the six-year highs couple of times.Right now its back on the edge of the wedge. Awaiting breakout or reversal on account of the result.
JETAIRWAYS has been respecting the yellow resistance zone for a while. After a triple bottom it made a huge leg up into the yellow. Awaiting a Breakout / Reversal from that level.
TATASPONGE recently made a lifetime high, , now its back to retest the highs, making a cup n handle n handle n handle. awaiting breakout/reversal