HUGE gap as the leg up, then a flag. Can it fill the gap? or just continue the journey up?
INDIGO has took a good support at 618 FIB of the leg up. ALso moving towards making a Head & SHOudlers. Currentlly testing the LEFT SHOULDER LEVEL. Either it will reverse and complete the right shoudler or breakout and retest next FIB level.
ASIANPAINT is moving between sup/resistance Currently right on the level of breakdown / reversal to the next level.
BPCL has been moving in an up channel for over an year. Median acting as a good indicator of crossover to the other half. CUrrently its testing the median, for a breakout into upper half or a reversal.
DIVISLAB has been respecting the neckline for a while. Currently testing it again, awaiting breakout or reversal
RAYMOND is moving in an up channel for a while, now making a wedge on the upper part of the channel. EIther breaking out of the channel or breaking down the rising wedge.
Another flag. Broke out to make lifetime high yesterday, now back to retest the sup/resistance zone. Awaiting bounce back/breakdown
Inverted flag is formed, also respecting the neckline which happened to be on 382 FIB level of the leg down.
DMART just broke out of a long tight range up channel with huge leg up. Currently making the textbook Flag. It touched the lifetime high a few days ago.May retest those levles again 1218, if it breaks out.
GODREJCP is back on testing a support/res level. A break about it can push it to test the lifetime highs again. or it can revers to make another leg down
FORTIS_ has been testing the brown level for a coupe of months now. making arcs. its back in th testing zone, waiting for a reversal or a breakout.
BAJAJ FINANACE is moving up in a wedge/triangle. taking resistance from top sup/resistance level
BIOCON is moving in a triangle since May.Currently on the edge awaiting a breakout or reversal.
LIC HSG has been in a downtrend-correction for a while, testing the 200 EMA. Juts bounced above it,probably ending its correction considering the lifetime charts,If only it can hold above 200 ema Currently on the edge of the wedge, awaiting a breakout/reversal.
ESCORTS has been moving in a Gann Fan pretty decently. CUrrently testing the blue sup/resistance level It also broke out of the inverted head and shoulders(neckline not shown) All of that for an upmove to retest the lifetime highs.
TVS MOTORS is moving in a up channel for long. Ranging in the pink area for a bit. Currently on the median, awaiting breakout / reversal
M&M is moving in a down channel for a while, currently on the edge awaiting breakout/reversal.
Its made cup and handle and handle in a triangle. Lot of shooting stars in the end.