Vedanta has formed a nice rising wedge. However its not visible with highs and lows. Some people might argue that trend ines should be drawn without missing any point. I say what works works. Whats the best indicator?
On balance Volume?
and best trading strategy
Trend line break
You name it...
INFOSYS FORMED A DOUBLE TOP AND FORMED A CONGESTION PATTERN. The Stock struggled to break the previous pivot and ready to test the pivot again. The volume has decreased and is more evident from weekly charts. The last bottom was to be squared on march 3.
INFY formed a double bottom on daily chart and RSI suggests that the recent bottom only got stronger. The bottom was also squared only suggesting that some up move is around People stay upward bias once the stock breaks 952 res zone.