Banknifty moving in an upward triangle. On Breaking Out Zone. Can give a good move.
Bank Nifty Range is consolidating in an upward wedge pattern. Breakout either side will move the targets mentioned on chart
Coal India forming a rounded bottom pattern which is a reversal signal. Also on the breakout point of long term trendline. Target mentioned on chart post trendline breakout
Hindalco moving in an Ascending Triangle. Tested Resistance at 375 multiple times. Resistance breakout can take price up to 400 levels. Targets mentioned on chart.
ICICI Bank on a verge of Parallel Channel Breakout. Double Bottom at 535-540 levels + Bullish Engulfing Candle makes it a perfect confluence. Targets Mentioned on Chart.
Nifty Moving in a Parallel Channel. Important Levels Mentioned on Chart
Infosys moving in an Ascending Triangle. Also forming a double bottom pattern within the triangle. View: Might take a final retest at 1320 levels & can go for a run. Target: 1450+ SL: 1250 Risk : Reward = 1:2
Double Top Pattern forming in Daily Chart of both Nifty & Bank Nifty. Looking alike indicating Short Opportunity.