mnvn_09

mnvn_09

Alkyl amines - VCP

mnvn_09

Acrysil is making a VCP

mnvn_09

AIAENG possible breakout

mnvn_09

A big move awaited in YesBank on either side of it, if its a breakout, expecting the 200DMA to be tested and then the gap at early 300s. If it breaks down, on the other side, it can test 160.

mnvn_09 Updated 

ICICI Bank making an inverted H&S on daily Seeing VCP pattern on weekly chart. s3.amazonaws.com

mnvn_09

KotakBank is getting ready for a breakout

mnvn_09

Insecticides made a 4T vcp pattern

mnvn_09

VCP pattern in minda corp

mnvn_09

Aurobindo might be making a vcp pattern. We can watch closely for the breakout.

mnvn_09

Safari industries looks good on the chart. Can breakout of the trend.

mnvn_09

GIC Housing seems to be getting read for moving up. Hope the divergence play out.

mnvn_09

So far the pattern seems to be almost same that we saw in 2015 bear market. Though its too early to call, Nifty making a pinbar for the the month of December ? Hopefully not :P

mnvn_09 Updated 

Nifty could very well be in overbought zone at 11000 and possibly expecting a max of 11200 and then it might start going down again. This would make a H&S and then trigger the actual fall.

mnvn_09 Updated 

A week back observed that nifty trend was seen changing. s3.amazonaws.com This has played out nicely and the Nifty has formed an H&S, as well as there's a runaway gap left behind, which can be tested before scaling to 11k.

mnvn_09

Avanti could fill the gap at 300

mnvn_09

Infy seems like heading for a correction. Which could be either a sharp zig-zag correction or time correction.

mnvn_09

Titan is ripe for a correction. It made a gap-up and ran up to make a H&S in the top of wave 5. It can start correcting now, the gaps can act as support levels.

mnvn_09

If Nifty can breakout 10700 and CNX small cap closing above 6336 could change the trend to bullish. Otherwise these levels would turn out to be double tops and might fall further down.