Note: This is for educational purpose only. There seems to be a cup & handle pattern which is a bullish continuation pattern.
Note: This is for educational purpose only. I have liquidated my long positions and booked profit as I feel the market is overheated. Please assess your holdings and be cautious at this stage. There seems to be a sharp correction in the market.
Note: This is for educational purpose only. There seems to be an inverted bullish hammer on 21 EMA which has acted as dynamic support before as well. RSI is 60 which indicates bullish momentum.
Note: This is for educational purpose only. There seems to be a bullish breakout on rising channel with good volume. RSI above 65 indicates bullish momentum.
Note: This is for educational purpose only. There seems to be a bullish engulfing on support of ascending triangle with high volume. There seems to be a RSI bullish breakout as well.
Note: This is for educational purpose only. There seems to be a bullish Inverse Head & Shoulders pattern. Moreover, RSI above 60 indicates bullish momentum.
Note: This is for educational purpose only. There seems to be a bullish breakout with volume. RSI above 65 indicates bullish momentum.
Note: This is for educational purpose only. There seems to be a hammer at 21 dynamic support as well as the last resistance turned support. The pullback has happened on back of low volumes which indicate weaker sellers.
Note: This is for educational purpose only. There seems to be a bullish engulfing at resistance turned support post first pullback. RSI at 58 which indicates some bullish momentum.
Note: This is for educational purpose only. There seems to be a bullish breakout post build up near resistance. Volume is increasing and RSI indicates bullish momentum as well.
Note: This is for educational purpose only. There seems to be a bullish range breakout in flag pattern with high volume. RSI above 60 indicates bullish momentum.
Note: This is for educational purpose only. There seems to be first pullback post bullish breakout. This is a test of previous resistance which now turns to support.
Note: This is for educational purpose only. There seems to be a bullish hammer formation at 21 EMA which has acted as dynamic support in the past. Moreover, this hammer seems to have formed at previous resistance turned support. This increases the confluence.
Note: This is for educational purpose only. On weekly chart, Tata steel was making lower highs and lower lows. The previous lower high was broken with momentum. RSI indicates overbought. There seems to be a consolidation before next up move. This is a positional view.
Note: This is for educational purpose only. There seems to be a bullish breakout with good volume. However, RSI indicates extremely overbought. There will be a pullback to previous resistance level which will act as support now before the next up move.
Note: This is for educational purpose only. There seems to be a bullish breakout with ultra high volume from both rising channel as well as breakout from long term support turned resistance. RSI is above 70 so there will be a consolidation/ side ways movement before the next up move.
Note: This is for educational purpose only. There seems to be a Bullish Engulfing of last 3 sessions. The same is reflected in Volume as well. RSI beyond 70 indicates Bullish momentum. However, there will be a sideways movement before further upmove.
Note: This is for educational purpose only. There seems to be a flag pattern breakout with volume. RSI at 66 indicates bullish momentum.