rvijayanand

rvijayanand Updated 

Wipro on Major trendline support on long term. If it closes below trend line, more pain and if it bounces back got place to accumulate for longer term

rvijayanand Updated 

Please keep an eye on the H&S pattern forming in Divis. If the right shoulder is fully formed in weekly and if it closes below the neckline, it can be a good short opportunity

rvijayanand Updated 

India VIX is at support trendline with long tail at the bottom. This can be considered as beginning of another volatility expansion. Generally denotes start of bearish trend. Please keep on eye on this week closing.

rvijayanand Updated 

ITC on verge of a Multiyear break out if it sustains above the tread line

rvijayanand Updated 

Crude oil price ranges within the expanding channel. Now that it has revered from the top of the channel, this can turn out to be good shorting opportunity with good RR setup.

rvijayanand Updated 

NMDC has already come out of the falling wedge pattern and now on verge of a break out from a major resistance. Please lookout for the volumes to get the confirmation.

rvijayanand

Penny stock "Dhanlaxmi Bank" near multi year resistance. Potential breakout zone. Risk reward is good but may need patience to see higher levels as its a penny stock.

rvijayanand

Potential break out for Bank nifty if it sustains above 35500 in 1 hr candle. As you can see candle is at the top end of a wedge pattern in Long term and a reverse head and shoulder pattern in the short term. This can get Nifty to all time high in the coming weeks. Fingers crossed.