RBL Bank has broken out from an Inverted Head & Shoulders Pattern. Initiate Long. Target : 220 Stop Loss : 169
Biocon has broken above from a cup and handle pattern on 30 mins time frame. Initiate long. Target 1: 425 Target 2: 435 Stop Loss : 403
Price Action in Britannia is signalling Bearishness. Initiate Sell. Target 1 : 3305 Target 2 : 3290 Stop Loss : 3505
Adani Power has broken below from a descending triangle pattern. Initiate sell. Target 1: 34 Target 2: 33 Stop Loss : 37.65
Indian Telephone Industries limited has broken above from a symmetrical triangle pattern. Initiate long when the stock retests the breakout point of 86-87. Target 1: 100 Target 2: 104 Stop Loss : 83
Price action in ITC Ltd is signalling bearishness. It has closed below the important horizontal support line at 189 odd. Initiate Sell. Target 1: 170 Target 2: 165 Stop Loss : 194
Price Action in Biocon is signalling bearishness. Initiate Sell. Target : 379 Stop Loss : 398
IGL has broken below from a crucial rising trend line suggesting a selling pressure. Initiate sell. Target 1 : 430 Target 2 : 420 Target 3 : 400 Stop Loss : 460
Colagate Palmolive has broken below from a descending triangle Pattern on 15 mins time frame. Initiate Sell. Target 1 : 1370 Target 2 : 1360 Stop Loss : 1410
Sun TV is forming what appears to be a Head & Shoulders top on Daily Time Frame. Initiate Sell. Target 1 : 370 Target 2 : 355 Target 3 : 340 Stop Loss : 418
Price Action in ONGC is signalling Bearish trend. Initiate Sell. Target 1 : 75.50 Target 2 : 72.50 Stop Loss : 86.80
Reliance Industries has completed a cup and handle pattern. Initiate long. Target 1: 1700 Target 2: 1750 Stop Loss: 1575
Price Action in Himadri Speciality chemicals signals strength. Initiate Long. Target : 54 Stop Loss : 46
Price Action in Tech Mahindra signals weakness. Initiate Short. Target : 565 Stop Loss : 592
JNSP is forming a Head & Shoulders top on 15 mins Time Frame. Initiate Sell. Target 1: 136 Target 2: 134 Stop Loss : 146
BEPL is possibly forming a Cup and Handle Pattern on Daily Time Frame. In the eventuality of its completion price implication is going to be substantially higher from the CMP. However, for now, we assume the price implication only upto the point of Cup's Brim ( See, Horizontal Line). Initiate long. Target : 44 Stop Loss : 37
Ramco Cements has broken below from a descending triangle pattern. Initiate Short. Target 1: 580 Target 2: 570 Stop Loss : 622
Voltas has formed a Head & Shoulders top on 15 mins Time Frame. Initiate Short. Target 1: 520 Target 2: 500 Stop Loss : 565