Rohit2011

Rohit2011

Triangle pattern breakout with a gap up from resistance -neck line indicating buy signal.

Rohit2011

With the breakout of the rectangle pattern and downward trendline, Sunpharma CMP-677 is heading towards the Tgt-750-780, SL-closing below 620.

Rohit2011

Seeing the diversion in Stochastics & RSI in daily chart, it seems that Nifty is going to fall further around 120-150 pts. Also it has broken its steep trendline (short-term) and has closed below the trend. CMP-11520, TGT- 11400-11360, SL- 11580-11600.