DIVIS LAB is making a very good head and shoulder pattern which is right at the support. The resistance was broken earlier now turned into support. So some bullishness will result in a good trade. So watch out for this one. COMMENT down below your views on the analysis.
As we can see the stock is under consolidation ahead of its results. So a candle closing above this resistance can give good trade for intraday on the long side.
NMDC is on important trendline support and also given a breakout. Now it has come to retest. So a good swing trade can be initiated on any bullish move.
BATA INDIA has given closing above very important resistance and forming a good curve pattern. So it can be a really good trade if it sustains above that level. we can see a good rally.
CNX pharma took support with a huge engulfing candle and now approaching the upper level of exploding triangle pattern so it is exciting to see how it reacts to these levels.
IBUL housing finance can give a good swing trade if breaks upside. As we can see the price is shrinking between trendline support and resistance so the breakout can be a good move. A breakdown can also be a good trade. Look out for this trade because this stock usually gives very quick moves. let me know in the comments what do you think.
After a profit booking and consolidation, Adani Enterprise is looking good for swing trade. It also shows a narrow value area which usually suggests a trending session. So look out for it. Comment down your thoughts.
JK Tyre and industries have given a breakout of pole and flag pattern and also has a "narrow monthly Value Area". So we can expect a good move upside if the market remains bullish. Comment below what do you think of this analysis.
Nifty is moving in a channel and after giving fake breakout it is now at top of the channel. This means its next move can be the bottom of the channel. And if not it can give a breakout and a good trend can initiate.
This is an hourly time frame of CANARA BANK showing the clear breakdown of the trendline and today it also retested and started the continuation towards the downside. So it can be a good fall for upcoming days in Canara Bank. Please like the post if you agree with my idea.
L&T has given a breakout from the trendline and now it is in pullback and taking the support from breakout level. So it is a good chance to go bullish for a few in this stock. It also can reach an all-time high.
Info Edge has broken down the trendline and also forming a curve pattern. And also given a closing below important support. So it shows a high probability of falling further to support.
ZEEL has broken the trendline with good volumes which was being supported from March. This indicates a potential long swing trade.
Tata motors has given a good breakout from a trendline.
Muthoot Finance is moving in the channel since August and now it is at the bottom level of the channel and has broken the trendline. So it is showing a potential long trade for swing.