RELIANCE COMM LTD, SUZLON ENERGY LTD, ICICI PRUDENTIAL A, KOTAK MAHINDRA BAN, RELIANCE POWER, YES BANK
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
INVERSE HEAD AND SHOULDER : An inverse head and shoulders, also called a head and shoulders bottom, is inverted with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former...
The stock movement is moving in higher top higher bottom multiple support at 440 levels while price have formed a bullish engulfing pattern near the support zone with RSI reversing from 45 levels forming a bullish reversal on RSI. A break above 510 would give a further bullishness where price can rally near 550-565 levels in short term basis