SUNTV is testing the neckline.May bounce back to make the right shoulder or fill the gap
Well Hoping the 10 days of Ganesh Festival fill you with joy n happiness Without the drawing-->
After Three years of dull phase, Pharma sector is showing the signs of revival with top10 pharma stocks as a very interesting and important levels of breakout/Reversal AJANTA Pharma--> Falling Wedge LUPIN--> Head n Shoulder GLENMARK--> Neckline MARKSONS PHARMA--> CIPLA--> Up channel AUROPHARMA--> Neckline DIVIS--> Cup BOICON--> Range Torrent...
AUROPHARMA has been bouncing between the suppot/ resistance levels which surprisingly are equidistant. Approximately 90 points, give n take a few. over the years its been respecting these levels. Currently testing another such level, awaiting for a breakout/reversal.
JAIN Irrigation has been in a down trend all 2018. Made an inverse head and shoulders pattern, if you will. Currently testing the neckline again, awaiting a breakout/Reevrsal
AUROPHARMA has been moving in a triangle since 2017 bouncing around the neckline. Currerently retesting the neck again, awaiting a breakout/Reversal
TATACOMM is testing the multi year trendline. Awaiting for a breakdown/Reversal
kotakbank is making a head and shoulders pattern.awaiting a breakdown/ Reversal
INFY is moving in a channel all its life. After an almost Perfect Green Leg up, its testing the upper edge of the channel. Awaiting a Breakout/Reversal. Mind you its Monthly Time Frame. On the side note, it has avg 2 year per leg up. BUt the last leg covered it in one year only.
POWERGRID has been moving around the neck for an year. Currently testing the neck for another leg up or down. Also a possible BAT PATTERN in the making
JSWenergy has been in a downtrend since start of 2018. Currently testing the upper edge . Awaiting a breakout/reversal
NMDC has been bouncing over the neckline for a couple of months . current;l testing th neck ahin
No . i am not saying that this stock is a magic lamp. without the drawing its...
AISANPAINT has been moving in an up channel all of 2018. currently testing the bottom edge. Awaiting a reversal/Breakdown
TATAMETALI has been moving in a falling wedge since start of 2018. Currently testing the edge. Awaiting a breakout/Reversal
BHARATFIN has been bouncing off the neckline for a couple of months. currently testing itagain. Awaiting a brekdowmn/reversal
Rural Electrification is in a downtrend for an year now. Making an inverted head n shoulders abd breaking the trendline. Awaiting a breakout/reversal
CUMMINSIND has been moving around the neck line.currently testing the neck again. Awaiting a breakout/Reversal