Look to go long after breakout from the falling wedge area..
Looks like banking sectors are go take a ride down. Good head n shoulders formed after a one way bull run from October - November 2019. **WATCH OUT FOR BUDGET** Budget will play a key role in this trade.
Breakout from triangle suggests good buying opportunity. Stock has 3 main resistance levels to watch out for. Place stoploss anywhere between end of triangle and mid point of triangle.
Britannia earlier formed a descending triangle ( higher time frame) and now has a flag formation (lower time frame). Bullish run is expected to continue for this week too. Target 1 - 3250 Target 2 - 3300 Expected to go as high as 3600 in coming weeks Stoploss - 3100
Downtrend followed by inverted flag/pennant formation. Look to short once a red candle closes below the support zone. Stoploss - High of the pennant Target - Approx length of flagpole
Again, another inverted flag is forming for ADANIPORT. Look to go short after it breaksout NSE:ADANIPORTS
Inverted flag formed 5 days ago but stock is not really volatile. Go short now even if you missed the breakout Stoploss - 3160 Target - 2920
Pennant formation till Friday and now it seems to take a flag --> both suggesting long