darshandedania

NSE:GRASIM Grasim has failed to cross short term trendline and started trading below it for last 2 sessions.

NSE:BAJAJ_AUTO Bajaj Auto has confirmed trend line breakout on Firday's session. If starts trading above Friday high we can expect more upside in this counter.

NSE:INFY Infosys Ltd has confirmed Head and Shoulders pattern breakdown. More down side is pending.

NSE:AJANTPHARM Ajanta Pharma has given breakdown from short term trend line. Also it is trading well below 200 DMA. If starts trading below Friday low then there are some more down side is expected.

NSE:BANKNIFTY BankNifty has decisively closed above short term trendline. If starts trading above yesterday's high then it will remain bullish today and for short term too.

NSE:MARUTI Maruti has given breakout from triangle pattern. If it starts trading above break out candle's high then more upside is expected.

NSE:PEL PEL : This counter has decisively started trading above 200 EMA and given breakout from trendline. Closing above 2400 will be a good opportunity for positional trade.

NSE:INDUSINDBK This counter confirms trendline breakout.

NSE:M_M M&M is trading in a downward channel and making lower high lower lows. Currently shown reversal patter on top of channel. If starts trading below Friday low, we can go short.

NSE:GAIL Gail India : Has formed Shooting star candle stick pattern after good up move. This is a bearish pattern. Also noticed it has rejected 200 EMA which adds more confidence of expecting weakness in this counter. If starts trading BELOW Friday low then this patter is valid.

NSE:MINDTREE MindTree Ltd : This counter has confirmed breakout from months of consolidation. If starts trading above Friday high then we can expect good up move.

NSE:MGL MGL Ltd : Morning star chart patter on weekly chart which is a bullish and strong reversal setup. If starts trading above Friday high then we can expect good upmove in coming week ahead.

NSE:CEATLTD Ceat Ltd : Morning Star on Weekly chart which is a good reversal setup. If starts trading above Friday high then we can expect good upmove in week ahead.

NSE:CIPLA Cipla : About to break out from months long consolidation range.

NSE:HINDUNILVR Keep watching, if breaks support level then 40-50 points down move is expected.

NSE:INFY Keep tracking it, Below 722 it will confirm Head and Shoulders pattern.

NSE:INDUSINDBK Closely track this counter. If closes below trendline then there is more pain. View negates if closes within triangle range.

NSE:TATASTEEL This counter looks weak, if starts trading below yesterday's low then it will start down word journey.