TECH MAHINDRA has formed cup and handle in daily time frame. Its a bullish pattern, techm travelling near 52 weak low its good time to invest in tech mahindra and its good fundamental company
sbin in 4hrs time formed symmetrical triangle chart pattern. getting support from down side and facing resistance from upper side. waiting for break out in which direction stock will give then we can make 8 to10% return from stock as we can see in chart
in one hour time frame tata power formed symmetrical. ready for breakout waiting for confirmation with 203sl with 215target.
VEDL has formed an ascending triangle pattern in one day time frame. looking good for buying with 300sl and waiting excellent rally in VEDL. stock yet to gave breakout. keep eye on it.
TECH MAHINDRA has formed a inverted head and shoulder pattern in chart in 2 hours time frame. looking good for buy but stock yet to give breakout. take entry after candle close above 1030.
In 1 hours time frame IRCTC has formed ascending triangle pattern . looking good for buying at current price with 630SL. stock has not given breakout. after breakout we are waiting for 680target.take entry after 645.
in weekly time frame TATACONSUMER has formed symmetrical triangle pattern. looking good for buying at current price with 770SL. stock has not given breakout. after breakout we are waiting for 900target.
BERGER PAINTS FORMED a symmetrical triangle pattern in weekly time frame and ready for breakout from supply zone. take entry after berger paints closes above the price of 615 in weekly time frame. we are waiting for 18-20% return.
BPCL in down trend since mid 2021 in the form down trend channel and form bullish flag in weekly time frame and bpcl gave breakout from bullish flag. take new entry at 344 and wait for 400 in few weeks.
NTPC LOOK GOOD in near term for buying and form symmetrical triangle pattern in ONE DAY time frame. stock is ready for breakout from triangle and we are expecting 10 point or 6-7% return in few days and keep hard stoploss on 167.
GAIL has given descending triangle pattern breakout in the form of channel as shown in chart and achieved first target of 10% now our target T2. gail having momentum and getting positive in few weeks and having golden cross over in few days we can see in chart. 50ema trading below 200ema it will cross soon.
INDIA VIX in down channel pattern now it seems to end and ready for breakout. india vix represent volatility in market. vix move up side then volaility increase in INDIAN MARKET and we will see fall in market, so be prepare for volatility in indian market guys.
In 1day time frame WIPRO form descending channel and gave up side breakout. retest come to end, now ready to give 10% return. TARGET 440 ENRTY ABOVE 400 STOPLOSS 375
ASHOK LEYLAND form descending triangle which known as bearish scenario with lower high form clear see in chart where price go down at support zone and bounce back. now wait for breakout in which direction stock will give. make entry after breakout only. then make good profit
MOTHERSON form down channel pattern. keep eye on it, once consolidation complete and break supply zone up side then we can see 25 to 30 point target up side.
falling wedge pattern form by eicher motors in 1D time farm once stock stock break supply zone up side then only take entry otherwise avoid it.
SAIL form bullish flag pattern in weekly time frame. sail is yet to give BREAKOUT of supply zone. take enrty after 87 or closing above supply zone. 10 to 15 point target. you can make good return from dividend also.
HINDCOPPER IN WEEKLY TIME frame showing momentum and after a healthy correction has formed a symmetrical traingle pattern and ready for breakout new entry can be taken after trade line or above 120