NileshKhandaskar

NileshKhandaskar

Formation of Cup & Handle pattern showing on NMDC daily chart! Ready for several months resistance to breakout!

NileshKhandaskar

Bajaj Hindustan Sugar: Symmetrical triangle pattern formation showing on weekly chart. Symmetrical triangle pattern usually form during trend continuation and it works as a coil to move price further in trend. The pattern usually contains two lower highs & two higher lows, which acts like a coil! When these points are connected, the lines converge as they are...

NileshKhandaskar

Adani Power shows formation of Ascending triangle pattern with decreasing volume. A triangle is a type of consolidation, and therefore volume tends to contract during an ascending triangle.Breakout with high volume helps confirm the price is likely to keep heading in the breakout direction.

NileshKhandaskar

NMDC taking support on 200 moving average, taking breathe for big move! Note: This is my personal view! No recommendations for buy & sell!