Levels mentioned in the chart!
Descending Triangle Formation has seen in Infosys : Setup looks Bearish, wait for Triangle to broke.
Now It Looks Exhausted at top by making Head And Shoulders Pattern in Maruti Suzuki. After this Breakout a Down Side is Expected. So i have marked the Levels you can see through this chart.
Now it looks exhausted at top by making Head And Shoulder Pattern. 1480-1460 is the Neckline Zone for H&S. Time to be careful for the Shareholders Of BataIndia.
So On Daily when it's close to it's all time high level, It's showing some weakness. If the Treandline is broken then we might see 110 levels. If has to break 140 on the upside to resume it's journy.
EICHERMOTOR IS SHOWING SOME SIGNALS MID TERM TREND REVERSALS. IT'S MADE A DOUBLE TOP INSIDE RISING CHANNEL WHICH GOT BROKEN SIMULTANEOUSLY. IT WILL BE INTERESTING TO SEE HOW DEEP THIS GAINT FALLS.