anujjainnnn

anujjainnnn

CNX 500 is in broadening channel pattern. Index is in lower high formation inside the channel (marked). Currently in reversal zone, to make a new lower high at 23,120 level. Reversal can be seen from 200 EMA where rising trendline coincides.

anujjainnnn

A clear higher low setup on weekly chart. Stock has given 20 EMA and 50 EMA crossover, and currently back to 50 EMA. An important week to watchout for adding for MT to LT horizon.

anujjainnnn

IN DO AMINE compared to benchmark index Nifty 50. The price gave a falling trendline breakout and is currently on retest of the same.