Mankind pharms is forming higher highs and lower lows. on 15TF
Ambuja Cement looks like stuck in a traingle, with current trend in nifty I am long on Ambuja Cement. for a target of 387 and 414
Head and Shoulder formation, Power Grid is at critical level.
ITC Seems to be moving in a channel Inflation leads to FMCG Bullish ITC Parallel Channel Ascending
View Bullish Coal India moving in a ascending parallel channel.
M&M is forming a Cup and Handle with an upside of close to the depth of the cup ~112Rs.
Inverted Head and Shoulders Patters. Can be bearish
Not Sure if this is multiple Flag and Pole Pattern: Volume Looks like after 2 Consecutive breakouts there are days of consolidation where volumes are low. Mahindra in coming days could touch its all time high. Festivals + Outlook + News suggest so.
IEX Rally Expected: Looks like trendline Cup and Handle (Inverted)
looks good: This looks promising that it looks to make inverted cup and handle
Looks Like Inverted Cup and Handle again Retest and Breakdown Kind of Scenario.
Wait for price confirmation as Volume is not supporting this.
1. Price below VWMA 2. RSI Weak 3. Inverted Cup and Handle
Flag and Pole Breakout has happened and sustained. Ideally for Flag and Pole Breakout Target 2 is the length of the pole (price) from the Flag. (here it is 2877). Cup and Handle Breakout has happened and sustained; Safe Traders can watch out for Retest, 2877 is long term Resistance, That seems to be the length of the pole Please trade at your own risk.
Heavy Volume Buy has come; it has broken its all time high and gave a monthly closing at ATH. Retest of 206/213 possible.
Daily Time Frame; Is Bullish-> Possibly would reach its all time high.
The Accumulation Distribution Indicator has divergence in the 15 Min TF, there is a high chance of reversals from 1482 levels.
After years of struggling TATA Motors is coming back to its 2018 price level, please note here and after each point will be resistance, as profit booking might come as people since 2018 who have not averaged it would book profits and exit. I see an uptrend and good for swing trading purpose. Price to watch for is Rs.360. Not an Investment advice. Please trade...