PTC PTC complete the Inverted Head And Shoulder , by closing above the neckline of the chart pattern so made , With rising OBV . and Is set to head towards 147 Zones.
Shree cements SHREE CEMENTS if closes above 19000 , will test previous highs . Took a support from 200 DMA , retraced from 50% Fibonacci levels , and is facing resistance at 0.236 fibonacci levels .
Concor CONTAINER CORPORATION set to test PREVIOUS highs , once it closes above 1265 on weekly basis . Stock Retraced from 61.8% Fibonacci Levels from the June 2015 Highs and 2013 Lows. Is making a double bottom , but breakout of the pattern is yet to be confirmed . Once it closes above 1265 , it should test its previous highs of 2015 June.
CAPITAL FIRST Retraced From 61.8% fibonacci levels on Point A to B , C being 61.8% . After That faced Supply pressures at 800 zones . Didn't manage to close above it on weekly charts . And in case of Point D to E , it retraced from 50% fibonacci levels . Taking the support of 200 DMA on Daily Chart as spotted in my previous analysis . Hinting Correction is over...
Canara Bank canara bank RETRACED from 61.8 % Fibonacci Levels managed to close above 38.2 % . Moreover crossed its supply zone indicated in blue rectangular box in the Chart . Managed to take the support from 50 day Moving Average .
Capital First on Hourly Chart gave a double bottom confirmation breakout . Heading towards 790 - 800 zones now . Breakout is visible with Rise in Volumes .