RISING WEDGE & STRONG RESISTANCE ON WEEKLY CHARTS COULD LEAD TO DOWNSIDE
CUP & HANDLE ON WEEKLY CHART OF BANKNIFTY. BREAKOUT CAN LEAD TO A BULL RUN IN BANKING STOCKS. LETS SEE HOW ELCETION OUTCOME IMPACTS MARKET.
LOWER WEDGE FORMATION OH HOURLY CHARTS TREND UP BUY ON BREAKOUT
INFY AT IMPORTANT RESISTANCE ON CHARTS. CAN RETEST LOWER LEVELS 900-950
AFTER A SHORT TERM RALLY, IT STOCKS CAN SHOW A GOOD DOWNSIDE AS MAJOR TREND ON WEEKLY CHARTS REMAIN DOWN. BREAK OF THAT TREND LINE SLOPING DOWNWARDS CAN CHANGE THE TREND IN EITHER CASE.
ON HOURLY CHART BREAK OF THE FLAG PATTERN COULD LEAD TO 150-200 POINTS RALLY IN NIFTY