HDFC may take a reversal from here now, as price has been reached at the same level where it was 2 month back and created FLAT price line.
and in RSI lower high which is a class B bullish divergence.
And if, it take reversal from here, then it would be the last leg of double bottom pattern, very bullish pattern.
Pennant pattern created on daily chart of Richo Auto, anytime breakout can happen on it.
Stock flowing in short uptrend above its 50 MA.
Didnt break retracement level of 24.45 couple of days back, again taking support from somewhere there.
Average Delivery data of 10 days in NSEindia is 47.528
can add 6 rupees of target from the breakout point.
Lupin is on the way of creating Head ans Shoulder pattern , aggresive trader can go short on the basis of Doji engulfed by red bearsih candle today and safe trader can wait for the completion of the pattern and enter into it once it break the neckline.