DRREDDY is in uptrend on daily level and in 15 min it is making descending triangle , let's wait for breakout on upside only as trend is our friend. Thank you!
SBILIFE is in downtrend on daily and it is about to break out from the channel. In 15 min if it breaks out from channel and breaks the support then selling pressure could come in. Thank you !
On daily level it is coming repeatedly at lower level. So as it is showing less buyers and more sellers so it can go downside. it has tested support multiple times and has made Descending triangle. Wait for breakout and study accordingly. Thank you !.
HINDPETRO has taken support from daily level and in 15 min it has made inverted head and shoulder on 15 min. On breakout it could continue upside. Thank you!
EXIDEIND broke out of 15 min range and now taking support , now it could continue upside.
PVR has taken support from daily level and in 15 min it has made inverted head and shoulder on 15 min. On breakout it could continue upside. Thank you!
JKCEMENT has taken support from daily level. now in 15 min it is Ascending Triangle. wait for breakout and then study accordingly.
PNB has taken support from daily level and in 15 min it has made inverted head and shoulder on 15 min. on breakout it could continue upside. Thank you
At daily candle RECLTD has come to a demand i.e. previous swing for the first time and broke falling wedge pattern upside, so we can see a bullish moment from this point as it is protecting previous low, it could go for higher high now. it is good for intraday trading for today. NSE:RECLTD