Surya Roshni is forming a triangle pattern on daily time frame. Massive move can of 70% can be expected if things go right :)
TCS giving a wonderful up flag with calculated time and price targets on the chart. use the same stop loss :) MACD also getting positive today
people often mistakenly see this signal as the morning star signal and book losses. this signal does not fulfill a very necessary condition of the morning star signal, ie., the third day candlestick does not penetrate at least half of the first day black candle which is of utmost importance!
the evening star 3 day reversal signal is observed which if confirmed tomorrow with continued selling can become a potential sell option!
bullish harami signal observed on 14th and 15th may which is confirmed on 16th may.
descending triangle breakout similar observed in daily time frame refer to my previous post for the same
ascending triangle breakout same pattern observed in 30min time frame refer to my next post for the same
a good buy option at the earliest
huge reversal in the graph can be seen from this very important resistance line...
definately a buy if 11.30 dotted line is cossed
it breakout happens then buy position can be held till dotted line
looks like a opportunity but YESBANK has been in a downtrend for about 3 years so it is difficult to say
can be bought once dotted line is crossed 1:2 risk reward