samabishek0611

samabishek0611

Both Tatasteel and Nifty Metal are at trendline resistance.. As we know, Tatasteel has the highest weightage in Nifty Metal index.. Going by the past, The stock after getting rejected from the trendline on the first attempt, falls for few days..and then makes a 78.6% retracement ,goes near the trendline again and then starts the big fall.. This time as well the...

samabishek0611 Updated 

Symmetrical triangle pattern.. Price is contracting..Wait for the breakout and trade.. (Just for educational purpose)

samabishek0611 Updated 

HUL has been an underperformer for quite sometime in the market.. Now technically in weekly chart, the stock has taken good support from the channel bottom and seems to be ready for decent up move.. In 1 hr chart, the stock has given a breakout from the triangle pattern and towards the closing,it seems to have retested the trendline back.. Should possibly move up...

samabishek0611 Updated 

The stock has been in a continuous downtrend..But ever since Sep 24th, the stock has been making higher lows.. And a symmetrical triangle pattern has been formed in the process.. I do not wish to predict the side its going to breakout.. Lets just wait for it to happen and trade what we see...(This is only for educational purpose)