Escorts has started in parallel channel since beginning however it has still not given reversal from upper edge of the channel. So probability is high it may be able to break upper edge of the channel. It has given highest ever monthly closing and getting tail wind from the auto Index as well
pattern retest done. pennant pattern formation monthly closing would be watchout for...hoping for good bulls
after making high of 822 SONACOMS is following parallel channel in short term on daily chart these trend usually don't sustain for much longer, however bears are in total control as of now.
good buying opportunity is developing in IRCTC keep sl 875
I don't know what to name it...but I am sure this is bullish
since beginning this counter is into parallel channel. Recently it has touched upper edge of the channel. A sideways movement or touching the lower edge of the channel would be good oppurtunity to enter.
TataElxsi is in parallel channel since Sept 2021 Since it has broken All time high now it may try to touch upper end of the channel
Apollo hospital has given good Breakout on daily chart at 3945 the previous trend from 26th may to 31st may has build good bullish position into the counter. Today's move may be considered as follow up move to that move. There is no resistance on daily chart until 4400 earlier the fall of 22th Apr to 13th May has not given the follow through move so bears are...
Parallel channel in Granules. Due to high disparity after runup has made the stock to cool down. After recent correction there is still room for disparity to consolidate further. This may be good oppurtunity for long term investors to enter
Gold may bounce from the lower end of the rectangle on if this is saved on closing basis on friday A good consolidation is required for bulls if they want long term trend to be saved.
DLF has been falling in parallel channel after making new high. Will it be able to break all time high
W pattern formation on daily chart. With confirm and solid candle BO
bearish pennant today's closing below 3865 would be really good for bears
trendline breakout on short term time frame. it may be fruitful provided we have closing BO
Bullish tweezer on monthly chart for jubliant foodwork
long term parallel channel has broken and get into bearish parallel channel. This is going to be more tough expect more selling below 690