after falling from the high of 1000 it has been inside the parallel channel since past 2 years now after mild retracement it may try to break the channel towards up but 680 is crucial level which it may not be able to break and has to consolidate further
parallel channel since early 2015 one shakeout still pending. this may be too slow even after the breakout
recltd PE 430 looking good. if it sustain above 29 keeping 20 sl it may do well
Apr could be rewarding for maruti above 440 if sustain for 30 min then keep sl of 380
Banknifty cmp 47107 cE has given BO cmp 453 keep sl of 300
BTCUSD is in parallel channel and making bottom here
parallel channel started from Mar'99 and making top in Sept 21 now head and shoulder formation is complete now a dead cat bounce and followed by bears
Will it be able to break out of the channel or still need more strength
Flag pattern preceding the parallel channel BO. In the past as well it has flag pattern or pole like movement. Please keep into consideration, Tatapower Always follow how TataMotor moves. I have already posted similar structure in tatamotor.
Tatamotors being my fav in auto segment has confirmed the BO enjoy the maximum upside
On monthly chart tatamotors has given FLAG breakout it may do retest
Nifty has shown confirmation to be into parallel channel. will it be able to hit the upper channel of the channel Wyckoff distribution and head & shoulder pattern is negated
Is Paytm making disjoint channel. Will it be making bottom at 280(270) or it may try to touch 200
Since beginning paytm was in parallel channel. and going by this trend expect it to be keep following it
Coalindia past 10 yr move within parallel channel has gather good steam into the stock. Any BO here may bring nice move
Nifty CPSE parallel channel and it is about to break out the resistance zone which may bring good up move.
probable head and shoulder formation right should pending with high 21765 neck at 21026 probable target 20222, 19901 and worst case it may try to test 19584, 19542