Making higher high and a trend line break out.. Looks good for long position..
Breaking the support and if sustain 2-3 days below it will lead to a fall till 390. As quarterly results are not good.. But there is an equal chance of bouncing back.. From here..
The stock formed a double top and also it has broken its neckline.. And closed below its neckline..
Breaking the resistance can lead upto 75-70% of returns if you can hold for 1-2years... And 20-25% returns in short term. Disclaimer : This is just for educational purpose..
If it break the resistance then, you can take position in.. And remember hold for minimum 2-3 years.. Not for traders..
A good swing trade generated in NTPC.. A breakout could lead to a target of 130 - 132..
If it break the resistance then no doubt u could take a position in Glenmark
PNB is taking support at 40.80 from the last 4 days.. If tomorrow it break the support then a big fall could happen. And if it sustain above it then it could bounce back.
When a stock is at its support its last chance to bounce back.. And if it break the support and trade 10-15 min below it facing resistance of PDL(Previous Day Low). The u can also take short position.
By blending it is forming a bearish candlestick.. Maybe bearish for short term
Formed a cup with handle pattern which is a bullish pattern..
So Hindalco is getting ready for a big move.
Swing trade in SUNPHARMA looks good.. If gives Breakout and after a retest we can enter.
Looking weak in BHARTI Airtel forming a descending triangle and a head and shoulder pattern too..
PEL is trading at its all time high. And forming a descending triangle pattern.
Good setup for intraday.. A good breakout or breakdown with a good volume.. Can be traded..