Now the IT Sector has started some improvement
Mindtree one of them has given a gud Breakout before the whole IT companies starts.
Treading at all time high and give with clear Price and Volume expansion
After a deep cut from the top, Asian Paints is consolidating Nr. Trend line support, It is getting rejected from 20 MA. Also RSI 50 earlier acting as support now becomes resistance.
4 times It has taken support from the same RSI and one time rejected, again it is trying to give BO on RSI chart.
In a ratio chart Asian Paints has taken at the same level.
Tata Chemical Trend in Place, after a pull back price is trying to move higher, in 2nd pullback through bearish candles are wide in range but look at volume it much lower than the volume are at the time of price try to move higher,
Also after new BO, VCP in formation
overall looks super bullish