HINDALCO IS LOOKING BEARISH AND IT WAS TRADING IN BULLISH TREND LINE CHANNEL IN MAIN TREND AND IT HAS BROKEN AND COME FOR RETEST TO THAT AREA, IN SMALL TIME FRAME IT IS TRADING BEARISH TREND LINE CHANNEL AND THE TREND HAS BEEN RESPECTED MULTIPLE TIMES,....
ADANI PORT IS TRADING IN RANGE AND HAS BEEN BROKEN THAT RANGE, IT IS COMING BACK TO THAT RANGE FOR RETEST, WE CAN LOOK FOR PRICE ACTION AND WILL TAKE ENTRY FOR INTRADY TRADE.
TITAN IS TRADING IN RANGE FOR LONGER PERIOD OF TIME. NOW IT IS IN STRONG SUPPLY ZONE, AND IT HAS BEEN TESTED MULTIPLE TIMES. ONCE IT BREAKS THAT TREND LINE,WE CAN LOOK FOR SHORTING OPPORTUNITY FOR INTRADAY.
BATA INDIA WAS TRADING WITHIN THE BEARISH CHANNEL AND HAS BROKEN THAT CHANNEL. AND ITS SHIFTING ITS MOMENTUM TOWARDS UPSIDE. ONLY IF IT RESPECTS PREVIOUS LEVEL SUPPORT THEN WE CAN GO LONG FOR INTRADAY.
SUN PHARMA IS IN MAJOR LEVEL RESISTANCE AND ALSO TESTED MULTIPLE TIMES, IF WE COME DOWN TO 15 TIME FRAME THE BEHAVIOR OF PRICE ACTION IS CHANGING TO DOWN SIDE.
AS IT RESPECTING BULLISH CHANNEL PATTERN TESTING MULTIPLE TIMES AND START MAKING PRICE STRUCTURE (HH & HL). BANK NIFTY SHOWS CHANGING IN PRICE MOMENTUM... WAIT FOR THE PULL BACK...
