#shreecement selling with high volume since a week. Momentum and trend in short term is bearish. another red below the support zone where it is currently good give a short opportunity that could more than 10%.
ALKEMLAB : bullish W pattern breakout. Good momentum and trend. trendline channel intact
#deepaknitrate both momentum and trend is bullish on all timeframes indicate it has more to go on upside previous resistance zones/Fibonnacci 50 could act as support during any retracements
#CUMMINS good momentum breakout candidate. all timeframes are bullish. watchout for green close above the possible inverse headandshoulder pattern .here too momentum divergence are concern and therefore keep tight stoploss
#BharatiAirtel wick shows pressure from resistance but watch out for a green candle close above neckline
Sunpharmaceutical : cup and handle breakout and momentum bullish reverse divergence on weekly timeframe.Sector also has similar bullish divergence
#TATACHEMICALS bullish kicker pro gap with good volumes on daily hit the previous resistance zone.Earlier weekly momentum bullish divergence met target levels and a bearish momentum divergence could be potential concern for being cautiously bullish if it breaks out further .
i would like short Mahindra and Mahindra for the breach of a possible head and shoulder pattern working out. all timeframes are in sideways right however for swing trades it may make sense to see if momentum dips further below 40 to be sure.Auto sector also in general is not doing that great either in short term.
Techmahindra : bullish kicker pro gap breakout along with a W patter breakout seen on charts
kotakmahindra weekly may be having a channel breakout on upside and it is also a previous resistance area. momentum on weekly has taken support from rsi 40 and bounced up while daily momentum and trend has now climbed into bullish zones. This could also be looked as a potential change in polarity bounce on weekly where it broke put earlier from resistance and then...
Infosys chart oatterbs show a Flag Breakout with Momentum
#Piramalenterprises weekly bullish momentum reverse divergence in play.daily showing momentum breakout.all timeframes have good momentum and trend.
SAIL weekly chart showing a flag breakout pattern. 3 year breakout forming the pole. Potential entry only on confirmation when price above highest candle high in the triangle.
ICICI bank forming ascending triangle heading for a potential breakout. Only caution is it has a momentum bearish divergence
Godrej consumer potential break out since it has a weekly rounding pattern. could give swing trades if breakout happens.FMCG sector gained momentum as well .
Gujrat Gas Walking on Bollinger Bands. June 2021 breakout completed, consolidated earlier and now July break out happening.690 levels is support confluence of FIB23 and previous resistance and 20 moving average. Higher timeframes of weekly monthly also has strong bullish momentum and trend. Small retracements ahead could be place to bet long.
#MaxFinancialServices W breakout pattern seen on daily with >average volume. Caution on momentum divergence. momentum on shorter timeframe climbed into bullish zone along with that of long/medium term. Even a 50FIB trend projection from last swing could be 2% from current price levels.
Manapuram Finance on verge of a breakout from a previous resistance on weekly. however daily has bearish momentum divergence also which may bring some retracement.