CENTURYTEX has formed inverse head & shoulder on hourly chart. Breakout above 1361
CGPOWER has formed cup & handle pattern on daily chart. Breakout seen only above 89.15 on closing basis and stock can attempt to reach 95-96 zone.
Symphony has given ascending triangle breakout on daily chart. Expecting 1725 on upside from breakout level of 1615/1620
Downward sloping channel breakout above 566
APOLLOHOSP has demonstrated positive RSI divergence on daily chart along with downward-sloping trendline breakout. Price to accelerate upwards once RSI crosses 50 level. Expect short-term target level of 1050-1060.
Symmetrical triangle breakout around 514
DHFL has demonstrated bearish RSI divergence on daily chart.
MINDTREE has formed cup & handle pattern on daily chart. Breakout above 515
TATAMOTORS is trading in a downward sloping channel & is moving towards its upper channel resistance. On a shorter-term frame, it is forming rising wedge. Even though rising wedge is a bearish pattern, by looking at the structure it looks like upside breakout is on the cards which will take the stock towards its channel resistance.
RPGLIFE has formed symmetrical triangle pattern on daily chart. breakout above 409 for likely target of 440 & SL of 390
RIIL has formed bullish pennant formation on daily chart and is on the verge of breakout. Below 521 can be pattern failure. Once breakout confirms, stock should reach 560-575 zone.
VSTTILLERS is consolidating in a narrow range and looks like it is on the verge of breakout above 2265.
Breakout above 344-345 will take stock towards 360-380 zone. Below 320 will be pattern failure.
PIDILITIND has formed rounding top formation on a daily chart and is currently at important support level of 775.
WABCOINDIA has given long consolidation zone breakout above 6525 on weekly chart. It will likely test 7200 zone.
Symmetrical triangle breakout above 504
It demonstrated ascending triangle breakout on daily chart.