NSE:TATASTEEL Inverse head and shoulder pattern in TATASTEEL with a neckline around 110. Safer above 114 (200 DMA). Target 136.
NSE:KPITTECH After breakout from a bullish channel KPIT is now consolidating in a range and forming a head and shoulder pattern. The price is also below 200 DMA. We may see a retest to 480 levels before we see a further up move.
NSE:HINDPETRO Hindustan Petrol had a head and shoulder breakout on the daily time frame. However, it failed and has formed an inside bar candle. If the support at 237 fails and price goes below 200 DMA on 1HR timeframe, we might see a downfall towards 220 levels. If the price takes support at 237, it may consolidate below 244-250 for some time till we have a...
NSE:LAURUSLABS Forming a Inverse Head and Shoulder pattern. Neckline around 550 Target 600
NSE:SBILIFE Cup and Handle breakout with on Daily timeframe. Neckline at 1162. Go long above 1165. Intraday targets 1170 - 1173 - 1176. Swing target 1199 - 1232 - 1260. Stoploss below 1155
NSE:IEX Made a Pole n Flag pattern in todays 5 min, 15 min and 1 hour time frames. Expecting a bullish move tomorrow above 185 with an upside upto 190-192 levels. Stoploss below 183.