hsahoo84

hsahoo84 Updated 

Motherson Sumi - H&S formed in weekly chart. Look for breakout of neck line at 300 with heavy volume for downside till 208

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Bearish Divergence is sheen in RBL Bank. It can retest the breakout level of 550 and start upward journey. It's good opportunity to grab those missed out for a target of 700. View negated if support of 550 breaks with heavy volume.

hsahoo84 Updated 

Retrenchment over Gap filled Hidden Bullish Divergence A weekly positive close may lead to new high.

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Watch out for strong closing above horizontal area.

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CDSL forming an inverse H&S??

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Good move is expected -> Failed Flag breakout on down side ->Retrace from 50-60% level ->Possible C&H formation

hsahoo84

Yes bank is in clear down channel and a probable cup & handle