In 1 hour chart we can clearly see breakout in Larsen & Toubro. We can confirm our breakout in Aroon Indicator, MACD has also generated a positive crossover. Take long positions guys we will definitely achieve our target.
If you believe in MACD than you blindly buy Reliance. In the 45min chart, we can clearly see a breakout in Reliance and we can confirm that breakout in MACD. MACD has generated a clear buy signal in RELIANCE.
I will suggest taking long positions in RELIANCE/RELIANCEPP.
As we can see in the 30minute chart that ICICI Bank may move from here but if it break the bottom support line then it will bearish for upcoming days. I will say that keep an eye on ICICI bank if it holds the above line then only enter into the trade for the target of 370/380. But keep a strict stop-loss at 334.
In the 1-hour chart, MACD has generated a positive crossover in IGL, easily achievable targets are 586 and 595. Take long position guys it will definitely reach our targets. And keep a strict stop loss at 568.
Reliance has formed a cup and handle pattern in the daily chart. The quick target will be 1700 and if you give time then it also test 1850 for sure.
Take positions on the long side and enjoy the rally.
This is my first view of SBICARD, If I am wrong kindly correct me.
According to me SBICARD has formed a bullish flag on 15 minutes charts.
Take positions on the long side and get ready for a bullish rally.