UPL is at major trendline Support after forming double top structure and near to neckline of double top. If it break trendline support and neckline it can fall up to 367
Trendline breakout inside rising wedge can give long position opportunity in maruti. Target 6075
at strong support zone if it break up trend line it give big long opportunity.
Price is decreasing with decreasing volume this convey that in near future price can reverse its trend. (Long opportunity) CANBK has formed a support and trading near the support. Buying on this position can give very good RR ration.
Nearing Double Top neckline. Already it broke trendline support. High probability of coming down.
Asianpaint is in range breakout in either direction will result in sharp trendy moves.
TORNTPHARMA IS IN DEMAND ZONE. CAN GIVE VERY FAST MOVEMENT IN UPSIDE
Option chain analysis and cup and handle suggesting long. 3600CE seller exited (BULLISH) 3500PE, 3600PE seller addition (BULLISH)
Double Bottom Neckline break and Trendline Support suggest Long in BALKRISIND.
SELL HDFC BANK from current or higher price (1000) for the target of 956 and 930. SL 1118
If sustain below 1102 sell for the target of 1180 and 1140. SL 1120
Major Swing High breakout May happen on BPCL. If it does with Good amount of volume then long.
Double bottom neckline breakout suggest buying opportunity in SBICARD. Support near neckline and consolidation gives more conviction for buying.
Cup and Handle Pattern shows an Long Opportunity in RIL. Buy only above 1598 with strict stoploss of 1580.50. 1618 is the first target if sustain above 1618 then very big upside move is possible. Cup and Handle pattern is bullish continuous pattern since before the formation of it RIL is on bull run this gives more conviction for buying.