bhawnnagupta

bhawnnagupta

I think symmetrical triangle is Tatapower's favorite. ;-)) Closing above 128.75 on daily time frame, will give you a target of 144. SL at logical place is mandatory. Fundamentally strong, Nifty energy also looking strong. P.S. This is just for informational purpose. Do your own study before entering into a trade.

bhawnnagupta

Weekly chart observation- 1. Reverse head & shoulder pattern formed- Bullish formation 2. Price took resistance from neckline but made symmetrical triangle- Bullish formation after uptrend Less volumes while consolidating in symmetrical triangle range. RSI in second shoulder is much higher than the first one, which shows bullish divergence. If it breaks the...

bhawnnagupta

IDFC first bank has tested neckline support (H & S pattern) multiple times & looks bullish & ready to go up. Entry at current level is recommended & target levels have been clearly specified. This stock is fundamentally strong & has all reasons to go up. RSI looks good to me.

bhawnnagupta Updated 

Levels for 22 June 2021 trade are mentioned clearly.

bhawnnagupta

Reliance has broken its double bottom neckline at 1207 & passed in retest now. Looks good for a long trade.