jimmyminter

jimmyminter

The production of Sputnik V, the COVID-19 vaccine granted emergency use authorisation, has been launched in India, said a joint statement issued by Russian Direct Investment Fund (RDIF) and pharmaceutical firm Panacea Biotec on May 24 I have came across this Ascending triangle, waiting for breakout !

jimmyminter Updated 

Bajaj finance up by 5.47% , followed by a simple channel pattern .

jimmyminter

State your prediction down below !

jimmyminter

Covid cases and pharma sector are going hand in hand :)

jimmyminter

If you look at recent date on daily chart it has formed a hanging man candle - On Confirmation, a short trade can be initiated

jimmyminter

My analysis 1.Technical Analysis - BEARISH 2.Fundamental Analysis - BEARISH 3.Even though bank nifty was up by some percent, Bandhan banks poor results were so strong making a bearish 4.Bandhan bank breaking a descending triangle pattern, resulting its daily and weekly pattern bearish.

jimmyminter

1.A long positional trade can be seen after this breakout 2.Both Daily and Weekly seems bullish