Chart explains everything.
Bank nifty is making descending triangle pattern on Hourly Charts, now it is going to crash any time with a bad news. Now when the lockdown has been extended, this is the time to go short on Bank nifty.
Now the hdfc is forming head and shoulders pattern, if breaks 1722 definitely will go 100 points down with a stop loss of 1800.
As the Nifty is ready for fly but it is now at corrective mode. May correct upto 12140.
ON WEEKLY LICH HAS SHOWN STRONG REJECTION AT RESISTANCE, NOW READY TO FLY.
Mahindra and Mahindra showing a good move upside now it can go upto 600 if crossed 561 with good volume
Airtel is at biggest resistance zone and triple top pattern has also formed. After the bad result and overall not so good news, it is now ready to fall.
LONG TATA ELAXI, AS THE STOCK IS MAKING A PERFECT PARABOLIC PATTERN ON DAILY CHARTS.