IRCTC has formed a rising wedge pattern. Also showing RSI divergences. Looking at the broader market sentiments, the stock can give breakdown if nifty starts to crack. Otherwise good stock to accumulate in your portfolio. Wait for some correction to buy it.
Nifty levels for 20-08-2021 will be opening in red with 150+ gap down
After a good beat up, Cipla looks good for trend reversal. Wait and see price action near support line. Then go long.
Healthy retracement, took support at 38% upside targets 885+
Near support level and respecting it. Consolidating and trying to move upward, creating long rejection shadows at downside. Great Dip for value buying.
Consolidating in an upward moving channel. Above 21 and 50 day EMA.
Can be bought at neckline if retracement comes. would be an ideal trade with small risk to reward ratio.
Upside breakout possibility arising in BHEL.
W pattern Breakout with huge volumes
Head and shoulder pattern. Negative out look on hourly chart. small support before neckline. Can go short below neckline.
W bullish pattern on daily time frame. Increase in volumes. Moving in an upward channel. Bullish on IT stocks currently due to covid. Market near all time highs.
Head and shoulder pattern. Lower highs, Lower Lows pattern on daily chart.
W pattern breakout supported by increased volumes. wait for retracement and let it take support on neckline.
Flag and pole pattern breakout. successful retest. On recommendation list of brokerage firms. (Yes securities 315)
Short TVS motors. good opportunity for a successful trade. Good risk to reward ratio.
Volume increase near neckline. High delivery percentage. Favorable market condition (covid testing) Overall market bullish and heading towards 16000. Good long trade can be initiated at breakout of both channel and neckline. Upside targets can be unlocked using fibonacci.
Godrej consumer looking good for upside on hourly chart. wait for retest or enter @CMP