The scrip can be seen making a strong base support at 61.8 fibo retracement level. Trend resumption expected soon. Ideal for starting an accumulation pyramiding.
Invalid if gives a closing below 1700,
Naukri has formed a good rectangle consolidation In a long term uptrend. This area can be used to accumulae / preemt a breakout. Upper test of pattern boundary can lead to more sideways price action back in horizontal range also. But when breakout happens it will be a good run.
Suntv is moving towards a breakout on both weekly and daily timeframes, It has also formed a rectangular consolidation (marked on chart) with several tests of the pattern boundaries.
Bullish Breakout above horizontal resistance (top one) with good volumes after long contraction in price range and volumes.
Support on 200ema identified.
