PERSISTENT has bene moving around the neckline for long. Currently testing the 200EMA
Moving sotra in a wedge, its approaching its sup/resistance level.
TATAELXSI is respecting a neckline in an up channel., and testing 200EMA giving long wicks. Look out for a reversal or a breakdown
MARUTI has been respecting the neckline for a while. Just completed the inverted Head & Shoulders. Awaiting breakout / reversal from the neck.
GODREJCP broke out of the channel and currently retesting the edge, for a possible bounce up or a breakdown
BHARATFORG has been respecting the neckline for a while. currently in a breakout/reversal zone
BEML is moving in an up channel for 4 months now. Currently on the edge of channel for reversal / breakout.
CEAT moved out of the week long downtrend line WITHOUT a bang., just a sideways movement in the yellow range. Currently taking resistance from the green line , awaiting a breakout or reversal
PNB Housing broke out of its lifetime expanding wedge, After making a double top,finding neckline support at 618 FIB of the previous leg up. Moving in the green channel, its currently in breakout/reversal zone.
AUROPHARMA has been mirroring its previous steps to a great degree of accuracy. Currently at the neckline after making the doubletop, the "M" pattern. ALso falling on 382 fib level of the leg up.
KOTAK BANK is moving in a rising expanding wedge for over four months now. following parallel channels inside.
HEROMOTOCO is moving in an up channel for long and an uptrend since 2013 Currently on its median, awaiting a breakdown/reversal.
RELCAPITAL crashed down after a good 3 month up movement.NOw its retesting the possible resistance turned support level. Also its a 618 FIB level on the neckline to bounce back or breakdown from.
INDUS BANK after iss moving in a falling Wedge. Currently on the edge of Breakout/reversal zone.
ICICI BANK is retesting its retesting its recent swing low. After a leg up, it crashed sharply and currently is in the breakdown/reversal Zone.
Tata Elsxi is retesting the sup/resistance level after the breakout. May bounce back up or fall down
VEDANTA is moving in a down channel for a month after touching the 6 year highs. Currently in breakout /reversal zone.Also near its 618 fb level