Infy is showing Wyckoff Distribution Schematic #1: this is bearish pattern
TATAMOTORS Nifty auto is facing supply at 11780 level and all the under line stock have to follow the broader trend irrespective of their own trend
parallel channel on daily chart. expect more price correction before starting anything new
LT gave a good run up recently. And now support is broken at 2000. expect some bear movement
KUANTUM is in parallel channel since bringing, once it is able to successfully cross and close above 92-96 zone expect move until upper end of the channel
Head and shoulder still not completed. And 204 and 150 are very crucial level wait for weekly closing
MCDHOLDING is respecting parallel channel since 2007 and right now it is near monthly resistance zone and later it has minor resistance zone. pls keep broader mkt condition into consideration
CSBBank near support of 290 if this break then we may expect 260
more pain ahead for AIAEng no support in near price area
Dabur is in parallel channel past 167 days. FMCG index is showing sign of bearishness from here. so , I don't think it may breakout of channel
TataElxsi: if 4400 is saved on weekly closing basis then expect 7500 in 2-3 years
MTARTECH has started bearish parallel channel past few days. it's near virgin price if that may be able to bring mild bounce which may later turned out to be better. otherwise more bear will be welcomed
this has been 22 yr long parallel channel and still has some upside left. expect some movement in coming days.
if we are able to save previous month low for next quater then we may expect bulls coming back
based on past 1 yr analysis, dixon may try to bounce for small bull. if it is able to break successfully then we may trail and increase position aacordingly
FRETAIL sell below 41 tgt 22 12 sl 72 Don't expect anything big from this.
reliance may give BO above parallel channel in bullish manner. pls follow the resistance and support mentioned by straight line