Reliance is retesting its strong Support. The support proved itself multiple, so there is a probability that the pattern repeats
It is Struck in trend channel, so basically Trend is your friend
Traingular breakout, tested resistance multiple times and finally a great breakout
We are strongly pessimistic about Ashok leyland by considering the above reasons.
We are strongly pessimistic about Ashok leyland by considering the above reasons.
As the price action of Vishaka industries gave a multi year breakout, we are bullish on the stock in short term. Wait until it touches the resistance again.
AS per H&S Pattern, Cochinship is looking Bearish in short term
The Jubilant Pharmova seems Bearish as it formed Head and Shoulder Pattern in Weekly Pattern
THE TRENDLINE WHICH IS DRAWSN AS A SUPPORT IS UNBROKEN SINCE 2016 AND HOPE IT CONTINOUS FOR EVEN FURTHER, THE FUNDAMENTALS ARE GOOD. IT CAN BE BOUGHT FOR LONG TERM INVESTING