An Inverted Head n SHoulder Pattern is visible in 2-Hourly charts. Kept in watchlist for some action.
A gud breakout. Retest of breakout area is a nice buying opportunity. May run from here too.
Creating a beautiful pattern. May fetch gud returns on breakout.
Gud volumes on RSI divergence. Kept in watchlist
Will this flag give it a booster to break its next resistance and fill the gap?
Good volume seen. may be long if sustains above 116-117 for level mentioned on chart. SL may be below 100.
THough I dont know much about Harmonics. Lets see how it goes..!!
Bottoming out process is about to finish once it closes above 600. Next levels to scale are 640-670-690. SL below 570 is gud.
Does not look good for long until it breaks out of the channel to north.
Breakout of a Pennant type pattern. Volumes are also nice. Lets see the PA and grab it on retest? OR will u ride the momentum?
A beautiful Inverted Head n Shoulder is seen in the downtrend. Sustaining above present levels of 346-347 may confirm the breakout of the pattern.
OBSERVATIONS: 1. Above its long term resistance. 2. Created and Broken up a Flag recently (Pole size around Rs. 130+) 3. Does have power to reach previous high around 1505, if sustains at these levels. 4. Good RRR. Should not close below 1390. May reach towards new highs...!!
Moving in a nice rising channel. Pullback towards 510-507 should be bought with a SL below 500. Crossing 516-517 with gud volumes and sustaining above that zone should take it towards 530-535 in a week or two. OI (PE) shifting from 490 to 520/530 Puts. On the other hand, OI(CE) shifting from 520 to 550/560.
Gud RR trade at the levels with SL below 535-534. tgt may be upper line of the channel.