SBI Cards is bouncing from it's multiyear support trendline, also a small triangle formation in making. Possbile long trade here
Reliance after consolidatiing made Inverted Head and Shoulders. Can see 2650 and 2750
NIFTY IT Index at Horizontal supports along with RSI Divergence, Possible upside till 32000.
SBIN Took support from multiyear support trendline and is ready to touch 650+ levels. SL of 40 points for RR 1:3
Silver broke out of multi year long Broadening channel, possible targets are 30$ and 50$ with small SL
Sun pharma is moving in multi year Channel, long at supporting trendline Nd short at resistance Trendline.
Tata Motors has broken out of an Symmetrical Triangle after consolidatiing for more than an year. Possible Targets of 600 with small SL of 30/40 points. RR 1:3/4
A very interesting Chart. Triangle Breakout and throwback along with gap fill support. If sustains then target is of 50 points on 5/10 points SL.
PGEL gave a Breakout retest and reversed from perfect levels. Breaking out of ATH rn and can move till 1600
Divis Labs at Multiyear year support with oversold indicaters like RSI etc. A possible reversal from here can show 3800+ and 4600+ levels in coming time.
Natural Gas took support from Change in Polarity line and now moving towards 3.1.
Nifty has moved from it's long period consolidation and has given a throwback to it's CIP trendline. Can expect NIFTY to make new ATH within next 2 months given it stays above the trendline. Disc: Views are for educational purposes only.
Zeel is currently trading at multiyear Support trendline on weekly charts with green shoots. A long trade with SL near 190 can be initiated. Disc: Views are for educational purposes only.
Fundamentally the Company is doing good. Technically Seems like a long above 350 for targets of 380 and 400. Made a Cup and Handle kind of pattern on hourly charts. SL would be near 338.