Breakout today if sustains till EOD then further upmove can be expected
At resistance level.. forming a cup pattern.. if breaks out then the 2 levels mentioned should be the target in short term
On verge on breaking for ultra short term with 515 and 535 levels in sight
Strong bullish formation at the support zone and this formation is with good volumes
Breakout expected anytime next week should break on long side as the volume was on lower side while falling
Insurance looks strong sector in this fall.. expecting this to break on long side as lower highs are in formation
Expecting the low of friday to hold as its also a fibo ext of fall to 161% if holds then bounce towards 2050 / 2100 levels can be expected
Ultra short term trend break can lead to the long trend resistance at around 2325 levels..
Forming a wedge on daily charts.. expect a breakout soon expecting a break on long side
Will it touch the lower trend line.. right now looks more consolidation ahead.. lets see
Looks positive should break above the trend line to be considered positive and for longs
Rectangle breakout and trend breakout awaited.. once broken with good volumes then will check for longs
Close above 1940 should take to recent highs.. structure looks positive
Consolidation on.. after recent run up has been consolidating.. breakout awaited
Good breakout with decent volumes.. should look for long side on any pullback breakout level can be used as sl
Look for close on todays high for better conviction.. the level has been resisting in the past hence close would give good conviction
Pre breakout watchlist.. volume was good today.. need close on the resistance for conviction..
Good brekout with good volumes.. look to long on pullback if any as the sl in this case will be bit huge