Dr. Reddy has created a double bottom pattern. The risk to reward ratio is highly favorable here.
Volumes are increasing slowly with the price which is a positive sign.
All levels are mentioned on the chart. For educational purposes only.
Cyient : a mid cap company with outstanding results have formed an inverted H&S on weekly chart.
All levels are mentioned on the chart.
DISC: Please consult your advisor before making any bet. For educational purposes.
IGL is now trying to test its 200 EMA and a previous support zone which has not been tested previously.
One has to wait for bullish candle stick at support zone. The entry should not be taken before that.
All levels are mentioned on the chart and are applicable only when a bullish candlestick pattern is formed on the daily time frame.
DISC: For educational...