NSE:LT is in a downtrend as you can see.
It has given a breakout out of the lines which might just fail.
Short positions can be entered with the pink line as stoploss and blue line below as target.
NSE:CIPLA is at an important support tracing back to 2014.
It's currently trying to overcome it and has a positive market structure with good trend strength.
As you can see it is having 2 rising wedges forming, a smaller one inside the bigger one .
Indicating a very good sign of bullishness.
One should expect upside and look for long trade opportunities.
BSE:DCBBANK after a strong upmove is at a good resistance level .
Will it be stopped or it will break?
As for me :
Might be halted and go down now.
Look out whenever it breaks it convincingly and then go long. Better yet when it retests for support.
Plan your trades !
NSE:COALINDIA is heading towards 3rd touch of the trendline.
A strong bullish bar with good volumes and also rejection wicks of recent bearish bars; accompanied by 50 DMA signal a probable upmove after consolidation of the prior strong upmove.
Exit below 310.
Target 320-325 according to line.
NSE:TATAELXSI has crossed the downward trendline but without much conviction.
Soon, it may see the levels failing to hold up and might trade below the range lines.
Stop loss can be maintained on the upward line.
NSE:MRFhas been trading in a range starting October and yet again reversed from highs.
If the supply zone stands good, it should go down to the previous swing low.
Otherwise, if it breaks the rectangle upside, we might see action on the long side.
Here, in this chart,
you can see the zones important for banknifty in upcoming days.
Currently, is above the 50 DMA approaching previous resistance.
An upper trendline will halt the move if it trends upwards.