Note: This is for educational purpose only. There seems to be a bullish flag breakout with high volume. RSI above 61 indicates bullish strength as well. There seems to be a consolidation before the breakout. SL: ₹ 310
Note: This is for educational purpose only. Please do not trade in F&O based on this. There seems to be a bullish breakout post consolidation with high volume. RSI above 70 indicates bullish momentum. SL: ₹ 1800
Note: This is for educational purpose only. There seems to be a bullish hammer at 200 SMA which also coincides with 0.5 and 0.618 retracement levels which might prove to be an area of confluence. Moreover, there was a bullish breakout with high volume from 200 SMA and there seems to be a retracement back on 200 SMA. SL: ₹ 40.9
Note: This is for educational purpose only. There seems to be a bullish breakout post 2 months of consolidation. The breakout seems to be supported with high volume. RSI at 60 indicates bullish momentum. Moreover, the price has reversed from 50 EMA which acts as a dynamic support. SL: ₹ 342
Note: This is for educational purpose only. There seems to be a bullish flag pattern breakout with high volume. RSI at 68 indicates bullish momentum as well. SL: ₹ 910
Note: This is for educational purpose only. There seems to be a bullish breakout post consolidation for 16 months. The breakout is supported by high volume. Moreover, there seems to be a bullish breakout in RSI as well. RSI above 70 indicates bullish momentum. SL: ₹ 185
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be an Inverse Head & Shoulders pattern bullish breakout. RSI above 70 indicates bullish momentum as well. SL: ₹ 1500
Note: This is for educational purpose only. There seems to be an ascending triangle formation with spike in volume. RSI at 70 indicates bullish momentum. Moreover, the price seems to be taking dynamic support at 50 EMA. SL: ₹ 296
Note: This is for educational purpose only. There seems to be a bullish breakout post approx. 4 months of consolidation. The breakout is supported by high volume as well. RSI above 70 indicates bullish momentum. SL: ₹45
Note: This is for educational purpose only. Do not trade in F&O based on this. There seems to be a bullish flag pattern breakout with RSI showing bullish momentum. SL: 1000₹
Note: This is for educational purpose only. There seems to be a bullish breakout post 3 years of consolidation with high volume. Before breakout, there is a build up near resistance which indicates buying pressure. There is a breakout in RSI as well. Moreover, there is a breakout from 200 SMA which adds to the confluence. SL: ₹736
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish Cup & Handle pattern breakout in Dabur with good volume. Moreover, Dabur is performing as compared to Nifty. There seems to be RSI bullish breakout. RSI is at 68 indicates bullish momentum. SL: ₹560
Note: This is for educational purpose only. Please do not trade in F&O based on this. There seems to be a bullish engulfing at resistance turned support. This seems like a pullback as the volumes reduced while price came down to support. Moreover, RSI is at 66 which indicates bullish momentum. SL: ₹140.
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a wedge pattern breakout in Maruti. Similar breakout is seen in RSI as well. RSI nearing neutral - bullish zone of 50. SL: 6250₹
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a breakout post accumulation for last 190+ bars (approx. 1 year). Volumes are high which supports the breakout. Moreover, close price is near the high of the candle. RSI above 70 indicates high momentum. SL: 460₹
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a cup & handle formation with RSI just crossing 60. Nifty IT is outperforming Nifty Index today as well. Price above 1400₹ should see more upside. SL: 1315₹
Note: This is for educational purpose only. Please do not trade F&O based on this analysis. There seems to be a bullish hammer at ascending triangle support. Moreover, this coincides with 50 EMA. RSI above 50 indicates bullish momentum. During price fall, there was a decrease in volume which indicates weak sellers. SL: 62.50₹
Note: This is for educational purpose only. There seems to be a bullish breakout post accumulation. There are rise in volumes whenever price tried to move up. RSI at 68 indicates bullish momentum. SL: 449₹