Wait for breakout eitherside to go long or short in nifty becoz symmetrical triangel a contituation pattern.
A potential AB = CD bullish harmonic pattern froms in adani port hourly charts Buy @ 365.80 to 365 ( PRZ ) target 1 = 378.95 (50%) target 2 = 382 (61.8) stoploss = 360.31
A Bearish AB=CD Harmonic pattern froms in jubilant food works daily charts Sell @ 2831 target = 1 = 2650.05 (50%) target = 2 = 2607.95 (61.8) stoploss = 2873.51
After 3 year,s bear market in sunpharma a potential bullish break out in weekly chart in downward sloping channel trend reversal posible & the trade set are positional. target 1 = 652 target 2 = 720 target 3 = 790 Sl = Below the Breakout Candle
After 3 year,s bear trend a weekly downward sloping channel breakout in Glenmark Pharma posible trend reversal in glenmark pharma. The trade set is positional for Glenmarke Pharma
Bajaj Finance froms Bearis Engulfing candlesticks pattern at the top & aslo divergence between price & macd historam SL = 2277 & target = 2096 & 2050
Bank Nifty upward BreakOut target = 27067 & Stop Loss 26500
A huge divergence froms between nifty & macd histogram . 3.5 year,s old divergence between price macd histogram. mean reversion posible........
After long decline in lupin. stock create a double bottom formation in daily charts. Neckline BreakOut at 832.95 & a posible target for lupin is 938.90 also stock trade above 89 ema line. SL = Below the Break Out Candle at 805 leves.
Tatasteel create a AB = CD bearish Hramonic Pattern formation on 1 hour chart target (1) = 582.28 & target (2) = 576 stoploss = 616.91
nifty face resistance at trend line area & also froms important candlesticks pattern like gravestone doji & its is very powerful pattern. if nifty could not break this trend line,s next few session then a short trend reversal posible & nifty hit lower trend line for support.
after long decline in strides shasun a bounce posible Duoble Support at 333 zone & aslo froms a inverted hamer type of candlesticks pattern & stochastic made a higher high after extrme oversold zone. tager 1 = 433 & if 433 breach successfully then target 2 = 494.35 ( 1.618% ) SL = 330 ( Below the inverted hammer )