AuroPharma has already given a breakout in the weekly pattern. Now it's showing a breakout in the channel pattern in the daily timeframe. The current situation is that it will move slightly down and enter into a buying zone, from which it has a high probability of bouncing back.
Ashok Layland has a weekly resistance zone from which it has started going downwards. It appears that it will come that some more until it hits the bottom of the channel. It may then start preparation of breaking out of the weekly channel. Till then it looks downwards to sideways.
Apollo Tyres has reached a major weekly resistance zone, crossing it won't be easy or quick. It will take some sideways days before it could finally give a breakout. Additional confirmation for this hypothesis comes from the channel pattern which has reached its top. Now breaking this channel top will take a lot of buying interest, so considering its previous up...
Adani Enterprises is in strong uptrend. Though fundamentals suggest this stock is overbought, technically it looks like it is in consolidation from a few days, and following a channel pattern in consolidation. It may happen that it will come down some more and then it can take support. Now, it may happen that consolidation will continue for a few more days, but...
ACC is in the upward channel in the weekly timeframe, it has already bounced back from the bottom of the channel in the daily timeframe. Now in the smaller timeframe, it is showing consolidation, which can start to break at any time. It looks like it may come down one Fibonacci level down and then will renounce. The reason why it may come down a bit is it needs to...