IDBI BANK is breaking out of a 2 year long cup and handle pattern with high volume and high RSI. The breakout is sustaining over the support.
VODAFONE IDEA price has broken out of the huge 1 Year Cup and is sustaining the breakout. Watch out for more upside. Added benefit of high volumes and high RSI.
NMDC is poised to breakout of a massive 10 year inverted head and shoulder pattern. High volumes and high RSI.
YESBANK is stuck in a ascending channel for 6 months now. It has also tried to break the upside on 18.6 but failed to do so effectively. Bounce is expected from support. Also poised to break inverted H&S when crosses 18.6 with good volume.
CNXIT: NIFTY IT has broken the channel on the upside in which it was stuck for last 1.5 years. High RSI. Time to invest in IT now.
COALINDIA has given breakout of 4 year cup and handle and sustaining breakout. High volume and RSI
Did you sell all your Small caps in the small cap crash yesterday? If you look at the weekly HeikenAshi chart of SmallCap Index, it is still long. Following it would have avoided panic sell.
GMDCLTD is breaking a 15 year close and reaching to All time high on good volumes and RSI
DLF is breaking out of a massive 15 year huge cup with high volumes and RSI
MANINDS is breaking out of a massive 17 year resistance. Recently also crossed a huge cup and handle pattern. High volumes and High RSI.
PTC is breaking out af a 12 year channel. It formed a large cup and handle also over the last few years. High volume and high RSI
SONATASOFTW has broken out of a long flag on the upside and holding the level. Previously it broke out of a long cup pattern and never looked back. High Volume and High RSI.
DEVYANI is breaking out of a 1 year large cup and top end on channel with high volume and high RSI
WEST COAST PAPER (WSTCSTPAPR) is breaking out of a 1 year large channel or large cup. Breakout retested support line and bounced back. High volume. High RSI. Hits All time high as well
JAICORPLTD has shown a 5 Year Cup and Handle Breakout and is holding above the level 223.
MMTC is poised for a breakout after crossing a 10 year head and shoulder patterm. High volume. High RSI
JPPOWER is getting ready to break the 8 year inverted head and shoulder pattern above 10-11
IFCI is getting ready for a 5 year cup and handle breakout above 19. High RSI, High Volume