Axis bank is in ascending triangle at a breakout point. Above the mention price point it will give you some nice momentum but the view is invalid below 425. what can go wrong , If bank nifty fall drastically then this will get stopped out . otherwise everything align according to me , let the where the market goes.
As you can see TVS Motor is in Rising trendline Channel and it hold trendline support on 16-July and made a Bullish pin Bar Pattern, I know some people will say pin bar pattern only work in downtrend but try to understand the psychology behind the pattern still i am not bullish or bearish i will only buy above 397.
All the Explanation mention above.
Explaination mention above -: I am bullish above 565 level . Firstly ,let the market to prove us that this stock has some bullish momentum . we can't buy right now because the picture isn't clear . we will only buy above 565 for intraday purpose till 585 level. because we can see minor resistance at 565 . As you see last trading session it make hammer candle...
If anyone Looking for buy PVR according to me don't buy for now until it show us some Bullish strength. Why dont buy ? 1) Below 200 MA 2) It didn't show any bullish strength for now . 3) High Volume and it looks like consolidating. This is my View on PVR . i can be 100% wrong but this is what i think about PVR. just do your own analysis before put any trade in...