finbulltraders

finbulltraders

#TATAPOWER After being stuck inside a symmetric triangle for 3 months, Tata Power is on the verge of giving a breakout. Breaking down will lead to re-testing support at 92. Whereas, if it breaks upwards, we may see it touch 115-120 level. We last saw Tata Power at that level back in 2014. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

#BEL Being in consolidation for a long time BEL formed a cup and handle pattern which helped it to break out. After breaking out, it has re-tested the demand zone and is definitely a good time to buy. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

#HDFCBANK The last few weeks, HDFC bank has been trading inside the channel and within the channel, we can clearly see that it formed a double bottom pattern. It has broken the channel and even re-tested the neckline of the double bottom and is now super bullish. The buyers will be dominating the next few days. Educational purpose only - Trade at your own...

finbulltraders

#EXIDEIND After forming an inverted Head and shoulders pattern, Exide India has broken the zone and now re-tested the zone. It is now looking to touch 200 and we may see greater levels. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

Jk paper shows a parabolic pattern. The zone above it has already been rejected multiple times and is bound to break soon. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

FINCABLES After forming an inverted Head and shoulders pattern, fincables has given a breakout with strong buying pressure. Buy at the next possible pullback or retest. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

Bharat Heavy Electricals Limited After forming an ascending triangle, BHEL is ready to fly. A breakout will help BHEL take-off. Wait for a 4h candle to break and buy. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

CHOLAMANDALAM FINANCIAL HOLDINGS has had very strong buying pressure the last one week. We might see a breakout. After the breakout, buy after the next possible pullback or retest. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

#CHENNPETRO After two years, Chennai petro has broken the trend line. This could possibly result in a good upward movement. Would definitely recommend it as it is good for a long term position Educational purpose only - trade at your own risk. Goodluck.

finbulltraders

After moving in a parallel channel for the last few days, LINK is now waiting for a breakout. Enter after breakout for confirmation. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

After re-testing the demand zone, LTC has given a breakout from the falling wedge pattern. Buy after re-test or pullback. Educational purpose only - trade at your own risk. Good Luck.

finbulltraders

#ABCAPITA has formed a Rounded bottom pattern. On breaking the pattern, it will be super bullish. Try buying during the pullback and enjoy the ride. Only for educational purposes only - trade at your own risk. Good luck.

finbulltraders

After breaking the triangle pattern, DOT is now re-testing the trend line and has a strong demand zone below it. It is advised to buy above demand zone. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

After moving in a parallel channel, SBIN formed a very neat inverted Head and shoulders pattern and has given us a strong breakout. Entry at the next pullback is suggested. Educational purpose only - trade at your own risk. Good luck.

finbulltraders

After giving a very strong breakout, XRP is approaching higher levels but is currently re-testing the channel. Wait for the re-test and buy at pullback. XRP is a very promising project Educational purpose only - trade at your own risk. Good luck.

finbulltraders

It has formed a falling wedge which is re-testing the trend line exactly at 61.8 FIB level. A breakout will result in an uptrend for the next few weeks. We have given you all the possible outcomes in case of a breakout. Educational purpose only - kindly do your own research. Good Luck.

finbulltraders

In the weekly time frame, we see an Inverted head and shoulders pattern above which is a strong resistance zone. Breaking of this resistance will give us a very clear upward movement. We have given you all the possible outcomes in case of a breakout. Educational purpose only - kindly do your own research. Good luck.

finbulltraders

There are many things we spotted in this chart. 1) Price is moving in a parallel channel. 2) It has also formed a flag pattern. 3) Touched FIB 61.8% level. 4) Currently in the demand zone. Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout. Educational purpose only - kindly do your own...