#ASHOKLEY - Inverted head and shoulder formation; A good up move is expected
As per the RSI and the chart data, it seems that NIFTY may give a heavy correction soon. On monthly chart the RSI is continuously in overbought state. To come to normal a good fall is expected based on charts and RSI
#ITC - Bullish harmonics pattern. Lets expect a good up
NMDC a very long term down trend and now a bullish chart pattern formation on NMDC - Falling wedge on Weekly time frame
Cup and Handle formation and breakout expected for bank of baroda
#NMDC - Bullish harmonics pattern. Lets expect a good up move
Bullish Harmonics pattern formation on POWERGRID. It shall give a good move now.. Let's see
#WIPRO - Bulling harmonics formation in progress. Expecting a good up move. Let's see
#HINDUNILVR - Bullish harmonics on Weekly time frame, we may see a good up move.
GOLDM ready to fall with bearish patterns - Head and Shoulder and Cup and Handle. Break of neck line will lead to good fall.
#LT - Bullish harmonics pattern. Lets expect a good up
Mahindra and Mahindra has given a flag breakout on daily time frame. Flags are the areas of tight consolidation in price action showing a trend move that follows directly after a sharp directional movement in price
EICHERMOT has give a breakout on daily time frame and a Symmetrical triangle breakout which is a continuation patterns is also observed on weekly time frame. Entry, Stoploss and target can be kept as shown in the chart
This is a bearish pattern, place your sell order at point D, position your stop loss just above the red line and place your profit targets at target 1 and target 2