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L&T Finance has been in a long-term downtrend falling wedge, that has beautifully drawn out into an Inverse Head & Shoulders reversal pattern. The stock is now trading above all its long-term moving averages, which provides strong support to push up towards the targets indicated.

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Breakout of a falling wedge is a bullish reversal, which has taken support of the 89/100 EMA. A re-test of the breakout has taken place, and targets over the short to mid-term have been mapped out on the chart.

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Greenply Industries took solid support along its 200 Exponential Moving Average (200 EMA). This led to a breakout of the falling wedge pattern and is indicative of a bullish reversal. Targets indicated on the Chart.

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Federal Bank is one of the Big Bull Rakesh Jhunjhunwala's big bets. The stock has broken up above the downward trendline forming since March 2021, with a downward trendline formed since October 2017 very close above it. Federal Bank is seeing some consolidation in this range before it makes the next leg up above the second trendline.

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Breakout above the long-term parallel channel in City Union Bank. With banking stocks poised to do well, this could follow. Targets indicated over the long-term above. Could see a re-test of the Parallel Channel (or of the 200EMA) support) before the next big leg up.

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Long Term Support around 675 levels Approx 40% off All-Time High Approx 33% off 2021 High A monthly candle closure above the downward trendline (around 690 levels) would be a bullish re-test of the trendline breakout With the NIFTYAUTO index taking support at its 200 EMA and a possible bullish reversal in the auto sector, Amara Raja could lead the charge.

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It appears that Nazara Tech is playing out as per the Gartley pattern drawn beautifully. A Bullish reversal is supported by the RSI Oscillator indicating that the stock is presently oversold.

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Elliot Wave Theory 5-Wave Impulse Pattern Complete! (1-3-5 motive upward waves, with 2-4 being corrective) 3-Wave Corrective Pattern Complete! (Wave 5-A equal in length to B-C) Consolidation within Pennant formation. HUGE breakout from the Pennant with HUGE volume. Could be start of the next set of Impulse Waves!

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Bullish Rectangular Breakout followed by consolidation in a bullish flag pattern which has now broken out too. Strong momentum is supported by strong volumes. Religare looks like it could continue on its dream run.

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Ascending Triangle Breakout supported by a surge in volumes. Short-term momentum play.

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Detailed analysis of Hindustan Aeronautics Limited provided in the Chart.

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Brief description provided in the chart.

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A classic example of Wyckoff Distribution catching retail investors off guard in Olectra Greentech Limited over a couple of years. It is important to analyze the same chart through different time-frames. New patterns can emerge this way! Full Text Reference, highly recommended must-read - school.stockcharts.com PSY—preliminary supply, where large interests...

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V-Guard has bottomed out in a classic Adam & Eve double bottom pattern. At the top of such patterns there is rectangular accumulation that was un-rewarding to those that entered early. However, their patience is now being rewarded having shaken off weak hands during the Adam & Eve formation. Now, a breakout of the Rectangle is seen, which has also been...

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Brief analysis provided in the chart.

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Downtrend Line 1 was a steeper decline. Downtrend Line 2 was more sideways. Strong accumulation during the sideways movement. BREAKOUT above Downtrend Line 2 now. Could be very Bullish if continues to trade above 39K. Next Resistance Zones marked out in the chart.

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SYMMETRICAL TRIANGLE Clearest Symmetrical Triangle formation you will ever see. Multiple rebounds from bottom and top trend lines. Trading within the pattern. Symmetrical Triangle is a Bilateral Pattern, i.e. can go either way. Therefore, Technical Analysis needs to be supplemented by Fundamentals to assess more likely outcome.

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This Exide Industries Chart is a perfect example of a Head & Shoulders pattern moving into an Inverted Head & Shoulders pattern. In the H&S pattern, the neckline forms a crucial support level, whereas in an Inverted H&S, the Neckline forms crucial resistance. In this particular pattern, volumes have increased during formation of the Head & Right Shoulder in...