NIFTY is trading in the parallel range and forming falling parallel pattern. Nifty crosses any direction on closing basis we may see strong momentum in that direction.
This stock is on the verge of forming inverted head and shoulder. One may watch small dip and big up move.
Wait for CMP to move near 20 EMA. Take long positions if CMP is near 20 EMA.
STLTECH is in rangebound. One may look to create positions for long term, if such range is to continue.
Inverted CUP and HANDLE formation indicates bearishness.....
Below 13135 free fall. Bearishness of Nifty
NIFTY indicates bearishness
Trend of BankNifty is in bearishness
