Triangle pattern formation ,I can also see a flag pattern.
The level of 14875 has been rejected for 5 times in last few weeks so keep eye on this level.
wipro looking very bulish
HDFC made a good flag pattern with good consolidation. for intraday it is a best setup
I have seen many types of flag formation, this type is my favourite as if you shift to any time frame it is valid and it formed in a strong up trend.
Is there any hope for this bank. I think yes .
Gold has formed a flag pattern after a trend line breakout so it looks good in short term
Maruti crucial support is placed at 6750 closing below it can trigger a sharp drag in the scrip.
It is taking support at moving average.
It is at support. Support may breach.
Nifty may take a bounce from support level , a reversal kind of pattern formed in 15 min time frame.
Nifty is at support of 14700 .Taking support at moving average.Consolidation breakout is a good intraday setup.
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move. Trendlines indicate the best fit of some data using a single line or curve. A single trendline can be...
Market is likely to go up from this point of time .The major resistance for banknifty is placed at 36440 major support 33572. From upside a short term trend line is present.
Keep a close eye on support level at which market is trading. Make or break situation for nifty.
nifty is in an uptrend ,a strong uptrend and there is no trend observation without trend line so for nifty short term there is a trend line we should keenly watch. It will work or not who knows our task is to see what market is showing.
nifty bank is at crucial level so keep it in watchlist