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Descending triangle pattern Formation trade only after proper confirmation of breakout levels have been given

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LINDE INDIA stock has formed a pennant pattern which is a bullish chart pattern one can look for buying opportunity after proper breakout

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HERE AS YOU CAN SEE TCS HAS SHOWN A BEAUTIFUL TRENDLINE BREAKOUT IN A UPWARD MOVE , EVEN RSI IS ABOVE 60 AND ALSO ABOVE 50 MOVING AVEAGE EXPONENTIAL. THE RED LINES ARE THE TARGETS AS PER MY ANALYSIS.IT MAY REACH TO 3100 AND IF IT CROSSES IT ALSO THEN THE NEXT TARGET IS NEAR 3140.

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Reliance is consolidating in a range, As it is in a box. It may show a big upward move, as it has already tested 2100 level several times. whenever this level will break. This will be called as BOX BREAKOUT.

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Havells has formed pole and Flag like pattern in 1 hour time frame. So, whenever will havells will breakout the resistance point with high volumes. it will show a good rally.

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Aarti industries is following parallel channel in that it had form morning star near support.