Its been observed that Union bank is at very crucial level of 171. Its nicely followed pitchfork structure in past. This will go down if it breaks (close below) 171 level on any hourly candle. If trade gets active, following levels can be seen. Please note, we can't ignore the upside move also from here. Trade on your judgement. Cheers ! TP-165 SL-174
Its been observed that COLPAL is facing resistance on weekly uptrend channel which got breached in between and then come back. We can see selling pressure in coming days. TP: 930 SL: 1070 On closing basis. Note: Charts are published for educational/learning purpose and used for trading will be self decision.
Its been observed that BATAINDIA made a Cup and Handle Pattern. 460 level played a very important role. We can expect this to move more upside. TP: 485 SL: 455 on closing basis. Note: Pattern drawings are for learning purpose. There may be difference in opinion for calculation on size of cup and handle. Still learning.
Its been observed on weekly chart for ENGINERSIN, that from last 5 years, its tried to touch 160-170 levels 3 times and never closed above 170 (On weekly closing basis). This stock is in uptrend from quiet sometime and reach to this resistance. Currently its trading at same resistance level and showing the southward direction. There is good opportunity to short ...