The patch that are highlighted in the chart clearly dictates the pattern this specific company follows after some consolidation each time. Hoping to a new rally towards 500 before another round of consolidation.
Interesting setup developed over last few sessions in Can fin homes. Negative Divergence seen on chart for PRice and RSI and also mild divergence in Price and MACd . At 825 rs this is technically a short candidate, but results today so need to observe how it pans out
Nifty at a critical point as of now, taking support and any close below the support levels as marked in the charts would invite 16300-16069 levels aided by beating of BNF considering the fear in broader market. Interesting setup. Bot this lower target would come on breaking of support because the gap has to be filled at those levels
Spandana Spoorthy posted decent Q3 and nbfc as a space has been bright spot. Credit growth , however seems to be hit by rising interest rate.
But chart speaks differently always. Above 600 would be interesting . Upper channel would be a bigger challenge
Symphony posted a strong Q3 albeit a off season. with some innnovation in the works for the company and a heated summer ahead, we might see stock picking up pace before earnings are ananounced.
Short term trendline BO is visible and in longer term charts a fresh impulse is in horizon. Whether the latter would happen only time will tell