sula is setting up nicely post listing with price volatility contracting each week, the volume are also falling.
HCLTECH is breaking the range but the volumes are missing lets see how well it sustains both call and put on radar.
MFSL made an inverse head and shoulder of 100 points on daily charts
BATAINDIA is trading at support levels with classic bullish divergence. Trade plan- a range breakout or bullish candlestick pattern
Vadilal has broken the prior resistance with contacted volatility, currentlr it is retested with fallen volumes.
on weekly chart ATH resistance is challenged with increasing volumes volatility is showing contraction
PIDILITE has broken M pattern neckline on weekly, time to exit.
some patterns one wish not to get activated, a major breakdown of long tern rounding top of 20 % depth along with moderately high volumes
INFY giving bearish sign ahead...... a 11% down flag breakdown ..... some supports are there better to exit for short term new shorts can be initiated upon retest based on price action
canbk is falling back the breakout line with volumes ..... even psubank sector to be looked at again for short term.
ABC reversal on daily chart, SKFINDIA can give good upside in short term
1. price breakout with volume wait for delivery data eod. 2. consolidation on falling volumes. 3. volatility contraction 4. RS ATH breakout 5. upside potential of 40 points
price has broken a 80 points low tight flag in UPL, a good RR is there.
Nestle chart developed a bearish head and shoulder pattern of 1065 points.
ADANIENT is retesting its previous support with declining volumes which can act as resistance.
fibo level of 38.2 is respected along with a steep flag breakout in making for a continuous upmove.
at the start of the month a bearish wolfe wave was completed n ICICIBANK charts, the trade has good risk to reward of 3.61. Disclaimer- i am new to this concept so if i am wrong in drawing please feel free to point the mistake, i have been practicing it since the f2f of Mr Vivek Bajaj aired.
trendline breakout double bottom HL sequence on daily RSI chart