After making high in May 2022, reliance has been making lower high and following parallel channel since then.
already its below median and future not looking good.
RBL bank heading towards upper edge of the channel. Since it has crossed the important level of 155 then
Is this the end or picture abhi baki hai?
follow through after much after bounce could be the turning point.
HUDCO is following the triangle pattern since the IPO listing. considering today's move it may give Breakout to test the listing day low and later test high all time high.
after making top lauruslabs is in parallel channel. now it has broken the support and heading more down. I doubt it may touch the lower edge of the channel
monthly resistance are taken out. however it may be tough to rise through all resistance
earlier we went long then short....let's do it again for long....what do you think...will it be able to break recent high
Since beginning paytm was in parallel channel. and going by this trend expect it to be keep following it
bear entry with fresh strength to pull down the price
seems bears are over for the time being and it is ready to break parallel channel to upside
This is going to be bit painful once weekly/monthly support is gone in coming days.
Nykaa has been falling in the parallel channel since making ATH 2560
I don't expect this selling to stop in near time. this is just a bounce from the mean.
IOC has taken multiple support and resistance between 68 and 73 range.
This could be a good range to trade short term
Distribution Schematic #2: Wyckoff Bearish
Phase D in progress
IEX has been distributing since Oct 2021 and now in phase D of wyckoff distribution. Though SOW needs to be created before final leg of selling pressure.
Havells is forming inverse head and shoulder pattern after the fall. This may be good oppurtunity for near term upside move
what it is trying to do. firstly inverse head and shoulder. and now it's head and shoulder
Gold has been falling on parallel channel since Mar'22 high.
Anytime this channel is broken that could be nice move until then enjoy the channel