Munish_baadshah

Munish_baadshah

Nifty is in descending pattern in weekly chart and taking a huge support at 16776 . Wait for Nifty 1hr Breakout

Munish_baadshah

-> Cipla in weekly chart is taking support 850 -> In 1hr Timeframe it is in channel pattern -> If it breaks above the trendline we can go for CE -> If it takes resistance and reverse down we can go for PE -> Breakout candle or resistance candle can be the stoploss -> Make sure that you take next month contract (April)

Munish_baadshah

Add to your watchlist. wait for the clear breakout in SRTRANSFIN. It was consolidating for a long time and ready for the big moment.

Munish_baadshah

Waiting for the breakout , if breaks the pattern's trend line it has high possibilities to go upward.