Raising Wedge Pattern Formed.
Analysis:There are 3 different Possibilities as below.
Buy above 203.9
can go For Longs
Targets are 204.9,206.25,207.5,211.45,212.1++
It may fall From CMP till 195.9 and due to support there can be PRZ From 195.9 to 205.05.
It may Fall From CMP till 186.85 in coming days.
Blue Line represents Bearish RSI Divergence.
Orange line is Trend Line.
As per Analysis Rounding Bottom Pattern Formed.
Long above 1452.2
Targets are 1459.6,1460,1469.8,1479.5,1499.2,1501,1514,1522.75++
As per RSI Bearish Divergence concerned
Short below 1412.5
Targets are 1405.05,1398.65,1396.9,1389.35,1382.95,1380.05,1368.6--
Rounding Bottom Pattern Formed
Bearish RSI Divergence is also Formed (in Pink Color).
Buy above 2274
Targets are 2276.15,2293.65,2307,2315.05,2318.9,2325.25,2328.05,2332,2348++
Sell below 2220
Targets are 2196.15,2194.9,2167,2162.5,2139.6
If it Crosses Downward Flag Breakout it may Fall Further.
Blue line Represents RSI Bearish Divergence.
A kind of Bearish-Gartley Pattern Formed.
Long above 632.45
Targets are 635.2,636,637.5,640,643.95,647.8,653.75++
Sell below 618.9
Targets are 614.1,611,608.4,602.1,599.35,597.8,590.6--
Bullish Shark Pattern formed.
Also Bullish Engulfing formed @downtrend.
So it represents Bullishness in Stock.
Long above 139.25
Targets are 139.75,141.1,142.9,144.8,146.55,148.1,152.2++
Sell below 136.45
Targets are 134.4,129.3,125.3,127.55