HEROMOTOCO gave a nice breakout after the result.
Now it has retested the resistance turned support level and reversed for a possible leg up, as long as it holds above sup_level
It can slam down the reversal_zone to retest the mini trendline
Top Green level still remains a good Breakout/Reversal zone
IBULHSGFIN is dancing in a rising_expanding_Wedge,
.. which looks like a Flag on higher timeframe of a solid leg up since start of 2017.
Right now its approaching the middle level of the wedge, crossing which can lead to the completion of the leg down.
or it can reverse form there.
Bharatforge is in the Breakout / Reversal Zone.
Moving in a channel for almost an year, had a great leg up from 720 to 1220
approaching /retesting another channel sup/ res orange band for a breakout/ reversal.
It can make a leg down inthe triangle before breakout on the upside.
BHARATFIN is moving in its breakout/reversal zone.
Breakout of the zone can give a push to test the highs of 940 which hasnt been crossed since 2011.
A play of support and resistance levels can be seen on the chart along with the channels.
Can retrace before it can retest the sup/Res levels.
CHOLAFIN has been moving up in a channel for six months now.
Entering the orange Resistance zone of the Lifetime high values.
Also its a channel breakout/reversal zone.
Lets see if it can break the channel and move atleast lifetime high of 1243, further breaking out of 1243 or reversingfrom there.
TORNTPHARM is moving in a channel/fallingwedge for over a week.
Probably a trend continuation pattern, giving a good upside move after a breakout,
The wedge Can break out in any direction, but upward break seems more logical
APOLLOTYRES is at its lifetime high.
Making a tripple top in the yellow zone. Unable to break it last time.
A break above it can bring an upward movement
Can retrace back in the rising wedge. to complete another leg.
Lets see if 10K can give it a push to breakout.
HDFCBANK just completed a cup, testing liftime high of 1716, a bit of retrace after a long move up is expected,
Probably making a Handle.
A breakout above lifetime high level can bring a good move up Continuing its continuous lifetime rally up.
I think this is one of those stocks whose status was never changed to SELL. Its been a BUY since day one.
NAUKRI completed the cup and handle , with a huge spike up.
retested the resistance turned support level of yellow.
now holding at the edge of the cup and handle structure at orange.
Gave give a nice move up, if it holds orange level.
BAJAJFINSV broke out of the Yellow channel and Green wedge.
Theoretically, it should retest the breakout level .
A retest of green Wedge or yellow channel is possible.
Or just that it will breakout of previous high candle wihout retesting for now.