Be watchful as SBI gave a good fall to enter at support and bounced back from there with a bullish harami candle but as we can see a hammer also so we need to be more vigilant before entering any trade. The content provided is for educational and informational purposes only.
Bounced back from a major support with a bullish harami candle which indicates a very strong bullish momentum. 390 will be an easy target it all goes well. The content provided is for educational and informational purposes only.
Due to bad results Tata Chemical gave a good fall but respected 4 months trendline. Hammer indicates that buyers are taking control and with good volume Tata Chemical is going to break the resistance. If it happens, we can see a nice upside from this point. The content provided is for educational and informational purposes only.
Bank of Baroda is in falling channel and made a good candle (morning star) with nice volume. Let's see if it can break the previous high of 210. The content provided is for educational and informational purposes only.
Wipro is in consolidation phase since June-22 but now its trying to come out with an inverse H&S pattern on weekly time frame. RSI is also in sync with price action so may be we can see 500 level. The content provided is for educational and informational purposes only.