Namaste!
And here NIFTY broke inverted head and shoulder pattern. As the shoulder size is around 1000 points. We expect NIFTY will reach 17880 within the next two weeks.
NIFTY closing below 16600 on daily basis will fail the pattern.
ALL THE BEST.
HAVELLS is ready for big move. It is possible that stock can do either up or down. It is in the RANGE if we check daily chart and in 15 minutes chart it is in uptrend, so most probably it will go up.
Our level for upside move is 1208 and for downside 1996.
We will get our best move when it opens flat and consolidate for minimum 15 minutes, after that it breaks...
HCLTECH is making ascending triangle in 15 minutes time-frame after up move starting after 1080. In coming days probably it will break this triangle and will give very good movement.
Our entry will be above 1170. Let one 5 minute candle close above this leval.
Stop loss will be 10 rupees and target is 1195.
It will probably take resistance at 1200.
