TORRENTPHARMA looks good to test highs after retracing and breakout from the flag pattern. Can go long with SL 2200 and target 2680.
UPL has broken out of a flag pattern after forming a double top and expected to test the double top highs of 380 and then 390. Can go long with SL 335.
ZEEL has broken out of a month range with good volume , good long setup for targets approximate height of range.
#tatasteel #nifty Descending triangle breakout , would look for short at rise for test of support levels .
#srtt #nifty SRT looking strong , expecting to test levels of 1350 , smooth strong uptrend .
ONGC looks good for long till 118-120 levels with SL 101.50 .
RBL forming a sloping h&S bottom after a bear trend. Looking strong after forming right shoulder. Good long opportunity once it breaks the neckline.
#ibulhsgfin #nifty swing short setup ,failed breakout above the triangle . Can sell with SL 335 and target 168
Details mentioned in the charts .
Details mentioned in the charts .
BATAINDIA setting up a wedge in a range bound market facing multiple resistance ! Update after breakdown.
Rectangle breakout after consolidation. Can go long above 1843 and SL 1785 .
NIFTYPHARMA looks strong after forming a h&s bottom and break of trendline . Expecting to 9400 levels in coming weeks.
NIFTY long term looks really bullish ,formed a cup & handle pattern , now resting on the neckline. Expected to see levels of 13,500 levels this year .
BRITANNIA has broken out of a range with good buying and is expected to test next resistance level of 3400 , can go long at above 3306 with SL 3216.