chart_patterns22

chart_patterns22

NSE:PAYTM at previous support and current resistance near to trend line. Also form a rising wedge and break the level Perfect opportunity to sell for a target around 10%

chart_patterns22

NSE:SOBHA took support at 0.6 which is at 481.65 now its retesting at 0.5 (around 575) Take position after breaking trend line target1 - around 640 target2 - around 950

chart_patterns22 Updated 

NSE:SAIL taking turn at Fibonacci level 0.6 at week chart. Wait to break the current trend line for confirmation

chart_patterns22

After flat top/ascending triangle breakout happened in NSE:ABCAPITAL As a bullish trend indication current trend gave higher high and lower high Also bear trend is also breaked Target1= 173-200

chart_patterns22

NSE:IBULHSGFIN at breakout level As a bullish trend it gave lower high and near higher high. Also broked the bear trend line. Support line act as a stoploss level Target 1= 178-180 (resistance line) Target 2= near 200

chart_patterns22

NSE:INDIACEM forming flat bottom or descending triangle. After breaking bullish trend line If a candle break below 226 and sustain bullish move will continue. Main support area is around 180

chart_patterns22

NSE:ORIENTELEC form bullish flag at Fibonacci level. For confirmation wait till 300. If the candle maintain to stay above 300 a bullish move can be expected. Target 1= 350 Target 2= 400

chart_patterns22

NSE:WIPRO took turn at Fibonacci level 0.6 Also break the current bearish trend line On short term basis expect around 10% up move. After that a reverse is expected

chart_patterns22

In weekly chart NSE:L_TFH formed triangle pattern in weekly chart. Expecting bullish move On short term basis expect profit around 25%

chart_patterns22

NSE:EXIDEIND break bearish trend line and gave higher high and lower high Target 1= 218 Target 2= 248

chart_patterns22

NSE:NYKAA after split stock is at reasonable rate. At positive market state it will give near 40% up move. NSE:NYKAA produce its own products and the demand of cosmetic products increasing year by year. Buy after next green candle move above the last an stays

chart_patterns22 Updated 

NSE:IOC broked current trend line and got confirmation for bearish move by showing red candle of this week.

chart_patterns22

NSE:SHRIRAMPPS currently in triangle pattern now Buy if candle goes above 83. Target around = 30% Else if candle moves opposite direction. Target only 5%

chart_patterns22

NSE:MANAPPURAM braked trend line and shows uptrend pattern. Higher high and lower low Buy Target= 20% above

chart_patterns22

NSE:TECHM consolidating. For a long term basis its a perfect spot for buy position. if the candle stay above 1142 buy. It broke the current trend. All companies are firing their employees so a short sell can also be expected. If so place the target above 850. Its a huge support

chart_patterns22 Updated 

NSE:AMARAJABAT broke short trend. Gave a higher high. Can expect more than 10% for short term

chart_patterns22

NSE:DEVYANI broke Trend line. For short term take profit before 200. At 200 it will take reverse or consolidate for some time

chart_patterns22

NSE:BPCL at weeks low and about to trend line. Best to wait till earnings. After that if the trend line break, expecting nearly 15% up move