There is the formation of an inverted head and shoulder pattern formation in PNB at the daily time frame, if gives breakout with good volume may enter after good retest or time consolidation. Also, there is the formation of ascending triangle pattern formed with resistance at neckline of inverted head and shoulder if gives breakout with volume wait for a retest...
There is the formation of descending triangle chart formation in ASHOKLEY if it gives breakout on the upper side and shows a good time consolidation or retest then may go for entry with good target stop loss at swing support horizontal line don't forget to trail your stop loss
Sail is taking support at its trend line formed previously in pennant chart pattern and may go for a target up to 145-147, strict stop-loss at the trend line if the market does not show up a big profit booking also some profit booking came in sail be cautious while having trade and do your own analysis before entering and also it may form ascending triangle formation
there is a formation of bullish engulfing pattern in Maruti Suzuki on the weekly time frame if auto sector gets some boom it will definitely gonna reverse from its support we need to continuously check the auto sector performance made vulnerable because of CORONA and keep an eye at MARUTI SUZUKI and if it shows some correction then 50MA gonna cross 200MA which...
CIPLA is at its swing support of 876 if it breaks then may show downside momentum up to 817 with a target of 807 within few days but if shows reversal then may go for target 1 as 924 and target 2 as 967 with stop-loss at swing support and trail your stop-loss
there is a triangle formation in IndusInd Bank on a Monthly time Frame if give breakout the may show a huge up-move but need to wait for few months or even a year as it's gonna be a monthly time frame breakout wait for best levels as it is in continuous downfall since 2017 on monthly time frame
there is ascending pennant chart breakout on the hourly time frame in SAIL there can be an entry in it after proper retest on breakout and target 1 may be 136 and t2 140 play with a proper stop loss on the lower trend line of pennant chart pattern
There is the formation of an inverted head and shoulder pattern formation and channel Breakout in the chart of Bharat Forge also 50MA may cross 200MA soon and show GOLDEN_CROSSOVER but need to wait long and analyze the chart from time to time
Not any financial advice just learning more and letting others learn if any suggestion pls comment blow thanks
SAIL has given monthly weekly channel breakout after some accumulation btwn 104-98 may go for 110-114 as tg1 and 118-120 as tg2 and stop loss as fails to cross channel successfully may need to wait for 2-3 weeks
Titan is forming the channel pattern and at its lower bottom if break then may show breakdown to lower levels tg1-->1455-1460 and tg2-->1430 level otherwise if markets are positive may sow positive potential up to tg1-->1480-1490 if sustains then up to tg-->1500-1515
if any mistake pls inform me