Lupin has given a confirmation of a breakout of price trendline on daily timeframe closing above 20 EMA . The price breakout is supported by trendline breakout on RSI as well as MFI. Looks like October would be a good month for this stock
Sun TV recently completed Bullish Shark pattern on Daily Time frame. It bounced from the PRZ but has retraced back to around the same levels. It has given a strong green candle near the PRZ with engulfing the earlier red candle. Looks like sunny days ahead for this stock.
City Union Bank had formed a Bullish Bat Pattern on Daily Time Frame and is back to test the reversal levels. Though back at earlier pattern completion levels but the MFI divergence is huge this time..should start its upward journey soon with the 1st Target of around 161 and 2nd Target of 177 with a SL of around 142 in Medium Term
Petronet completed Bullish Shark Pattern on Daily time frame with the MFI also giving a trendline breakout. Just a matter of time when it starts its upward journey with 1st Target of around 234 and the 2nd Target of around 252 with the Stoploss being around 202 in Medium Time Frame
RBL BANK just completed the Bullish Shark Pattern on Daily Time frame and is getting ready for a nice reversal as the MFI is also showing extreme oversold values. Should be a nice reversal upto 200 as 1st Target and 223 as 2nd Target with a stop loss of previous swing lows of around 156 in medium time frame.