BFUTILITIE has formed symmetrical triangle pattern on daily chart. breakout above 412-413
GARWALLROP is on the verge of breakout above 925. Stock can test 975-1000 once breakout happens.
Breakout above downward sloping trendline.
ADANIPOWER has formed symmetrical triangle on daily chart. Breakout above downward sloping resistance line zone of 31.65-31.75
BERGEPAINT has formed weekly ascending triangle pattern. Breakout level 275-276 zone on closing basis.
KPIT has formed bullish pennant formation. Breakout above 131 can lead stock towards 136-140 zone. Below 126 pattern failure.
WOCKPHARMA has formed symmetrical triangle pattern. Breakout above 645 can lead stock towards 675, below 625 pattern failure.
ICICIBANK has taken support near 264 which is its earlier resistance area and has formed morning star pattern. It needs to close above 272 for confirmation for trend reversal. It it sustains above 272, then 300 looks possible. Below 264, pattern failure.
MCX has broken downward sloping trendline. Good above 1132
#AUROPHARMA has taken support around 665 and is on verge of downward sloping trendline breakout above 765-768 zone.
#TORNTPOWER breakout range 232-238 zone on weekly chart.
NTPC has formed ascending triangle pattern on weekly chart. Close above 178-179 will fuel further rally.
TATAELXSI has morning star pattern near important support level.
AUROPHARMA has formed double bottom formation on daily chart. Expect bounce back to 715. below 665 is negative for the stock.
AJANTPHARM has formed morningstar pattern on 23rd August and has consolidated between 1180-1240 zone. Yesterday it showed breakout from that range and its a good bet for short-term upside.
ZEEL has formed symmetrical triangle pattern on weekly chart.
GAIL has formed cup and handle pattern on weekly chart and breakout above 433-435 on closing basis will confirm this.