M&M is looking good for shorting, just needs to break below that trendline inside the channel.
On daily time frame, rising wedge is clearly visible after significant fall.
LICHSGFIN is trading in a channel on longer timeframe.
Currently moving towards upper channel and is in resistance zone.
Entry above 443 on DCB.
View negates below 436.5 on DCB.
#PNB has given breakout from long downtrend and started forming HHs and HLs on daily time frame.
It's taking support from 20SMA, 50SMA and short term upward trendline.
Even volume is above average. Looks good to go long from current levels.
Breakout with huge volume on weekly timeframe, also cleared 50 weekly EMA.
BUT it's a RISING WEDGE in downtrend, need to be cautious.
Breakout on either side will give the clear setup.
PRICOL has given a break out from long term downtrend as well as short term consolidation.
Also it cleared 200 EMA on daily timeframe and near term resistance with huge volume.
It might retrace a little bit for good entry opportunities but has 2 major resistance areas at the levels of 44-48.
#CUMMINSIND has given breakout from downtrend, key resistance levels to look for are 585 to 595.
Breakout would be strong if enough volume is seen, currently it's in sideways trading in range.
Breakout from box would give clear picture.
NOCIL has given downtrend breakout on weekly basis and on daily chart it has created upward channel.
Also formed bullish engulfing candle on the retracement on daily timeframe.
