On monthly timeframe we can clearly see a deep bearish wolve wave on both Nifty and Bank Nifty charts. Deep correction targets to be seen. Every rise should be sold.
Bitcoin has created a very clear head and shoulder pattern Should see a major correction in the coming time Sell on every rise is suggested
Praj Industries showing a clear flag pattern breakout on weekly time frame. Can go long with a stop loss of 300 on weekly basis. Target : MInimum 2x and trailing SL thereafter
M pattern Breakdown , on a weekly time frame Can give a good fall
Head and Shoulder Breakout , Short Idea on weekly time frame
The stock has risen without volume, we are looking at a major correction here.
Following points make it a good buy: 1) RSI above 60 2) Broken Neckline 3) Crossed R3 4) Huge Volume 5) Near 6m high