Classic VCP has bee, formed in HIND OIL EXP, need strong close above 211 for more advancement, but be cautious as most trades are getting stoploss hit. Buy- 199.7 Tgt- 258 Stoploss- 191.7 Risk/Reward- 8.11
RVNL has been range bound little volumes will see new highs, waiting for B/O here
CMP- 201.70 Volumes drying up, near pivot points, closing needed above 205 for further up move taking position with 195 stopless.
DBL forming classic Inverted H&S formation as seen on charts, Above Key moving averages,as infra sector stocks are showing good reversal signs, keeping it in watchlist... can take an entry above 471...
TATA TECH after massive listing continuously in downtrend, however now from last few days resisting any more downfall, marked the lines for the reference where it's facing resistance should keep in watchlist as of now... closing above 1183 needed for change in trend... Above key moving averages 21EMA, 10EMA
Whole railway pack is following up at same time... keep in watchlist
ACE after being in sqeezing did a clear b/o, in watchlist for next few days