Bank Nifty is in downtrend from past 2 days and now it has reached to "once a resistance zone now may act as a good support" Zone. The rectangle zone may act as a good support now, Bank Nifty is now all set to move up again and we may see 37500 again by next week, For safe trading wait for the trend line to break "if you respect trend lines the market will respect...
Bank Nifty consolidated from a good upmove, 36800-37000 is a good demand zone, may go till 38000 next week or sideways if that resistance is acting as support tomorrow, the rectangle is acting as demand zone. Go long if rectangle support zone is respected.
Lupin is in a narrow zone now the rectangle is Buyers Zone, the stock is most likely to give breakout on either side, act after stable breakout dont rush.
Tata Motor is making a flag and pole pattern another big move is expected, wait for Breakout
Banknifty is in channel pattern from 5th feb and now a trendline is broken with good volume on friday, got a rejection from channel resistance but took a good bounce back from 50% fibo, daily candle of friday is also bull with good RSI value, good for a bull trade but if didnt support 50% fibo then good for bear till support line of channel pattern
Bank Nifty On Narrow zone wait for either side breakout and act Bull or Bear
Looks Bearish after breaking treadline of head and shoulder pattern
Long Down rally breakout, Holding For long Position may work in your favour