NOCIL LTD WEEKLY CHART STRONG MOMENTUM BULLISH CROSSEROVER OF EMA 13,21,34 GOOD VOLUME FORMING HEAD AND SHOULDER PATTERN AND AFTER RETEST OF NEACK LINE REDY TO FLY WEEKLY RSI @ 67.90 BUY CMP @ 208 TARGET @ 340 SL @ 162
M&M WEEKLY CHART FORMING INVERTED HEAD AND SHOULDER BUY CMP @ 168 TARGET OPEN SL @ 149
this is making flag pattern and price moving near the trend line buy above the trend line coz that r the big resistance soon it will give up move flag breakout .
this time JSW given doji formation at top doji means price action between two players so lets see coming Monday who will win buyer they buy above doji top and if sell side the sell blow doji . for doji formation volume also good.
this time this will go to 1469 and 1500 its facing small resistance here and before going up already done 50% retracement .
this particular counter making inverted H&S after retrace it will give big move up side.
graphite india making soccer pattern coz coming day for electric vehicles and and due to that batteries demands high so graphite used to make batteries so every batter company need the highly demanding product buy and sir relax .
TATA CHEMICAL making flag pattern after inverted H&S breakout so wait for the consolidation it will give up move.
CEAT forming flat pattern in daily chart after some days consolidation it will give up move.
BPCL day candle doji means price action in between buyer and seller coz we dont know who win that fight so we trade according to market action in buyer win the green candle we will sit buy side and if seller win we will sit seller side .
check nifty broken previous day low but taken support from trend line so hope from here it will be up .
Nifty it also ready to fly coz it forming double bottom and rei also making higher high now time to invest in IT equity.
Biocon now ready to fly making double bottom after big fall rsi also making higher high here short term investor can buy.
nifty pharma making double bottom and price travelling in tringle pattern .rsi also making higher high so der is chance to go up due to double bottom.
reliance has a flag pattern check weekly chart consolidation runing above 2100 only reliance will fly .
tata motors has a pol and flag and price consolidation runing. so wait for right time for breakout