LTI is back on the neckline in Breakout / Reversal Zone. A clean SUpport turned resistance median line. lets see if breaksout or reverse.
MRF is on the edge of channel. Can be a start of another HUGE leg up of 20k points.(previous leg ups were 20k each) or break down of an year long up channel.
HINDUNILVR completed a bat pattern while moving in the flat range. Its in a Breakout /reversal zone of the channel.
RBLBANK is on the Breakout/Reversal Zone May reteace to complete what can be a Head and Shoulder, too early to say anything about H&S.
HDFC completed the Head and Shoulders Pattern in a channel.
TITAN is moving in the range after a breakout from a lifeteime wedge < see the weekly chart in Related ideas at the bottom and HIT PLAY > After a huge move up < in a single 15 min candle> its flag-ing up, before it decides its next leg. If it breaks down, it can test the purple wedgeline, and bounce back frmo there. of it can just go up up up the flag.
EROSMEDIA completed the Gartley Pattern, inside an up_channel.
CENTURYPLY completed the Bat pattern.
Britannia in a range. Making Double top and double bottom. Currently resting on the midline. Can break in any direction based on Results
CIPLA is in the breakdown/reversal zone. Its result will be out soon too.
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
INFY is on its centerline again. a reversal or breakdown zone. Its been acting as a MID LINE for almost an year now, with priceaction above and below it in a sinewave.
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.
INDUSINDBK is on its neckline and in the blue decision box. Break, in either direction is possible
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.
PNBHOUSING is in the triangle for two months now. Can expect a break on either side based on its result, which will be out soon.
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.