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Surya Roshni has formed a good rounding bottom pattern which was a result of good consolidation and correction from Oct 2021 to May 2023. It is now almost at its previous all time high level of 867. Its a very bullish formation and the target price can be 1150 within the next 3-6 months time. The neck line is around 830 and if the price holds above 830 for this...

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There is a ascending triangle pattern formed in Borosil Ltd in the monthly charts and a breakout has been observed this month, though there are couple of trading sessions left for the month to be complete. This pattern is a bullish pattern and the price can touch 630 in the coming months

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There is an Ascending Triangle forming in Neuland Labs. This is a very bullish sign for the scrip. IF the pattern is to show its real strength, we can see Neuland touch 3670 levels very shortly. View negated below 2595

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Uttam Sugar has formed Symmetrical Triangle pattern in Daily and Weekly charts. Expecting an upside of Rs 143 from the breakout point

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Nifty has formed an Inverted Head and Shoulders pattern and it usually signals a bullish trend. Expecting a jump of around 200 pts in Nifty tomorrow if this pattern works

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There is a slight RSI divergence suggesting an upmove in Nifty today. However, by day end we may again see Nifty close in red. Overall, Nifty may trade sideways today

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Bank Nifty formed a shooting star candlestick yesterday and we may well see a bearish red candle today. Today's Support Levels- 34127/33961/33692 Today's Resistance Levels - 34663/34829/35098

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Meghmani Organics (MOL) has formed a double bottom (W) pattern and is on the verge of breaking out. On Monday, it formed a very big bullish candle and is very near to touch its all time high level. If it manages to sustain prices over 150, it can be expected to touch 170 levels in the near future

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An Inverted Head and Shoulders pattern is seen in #ELECON and a decisive breakout over the neckline. Daily chart is looking very bullish

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The Weekly charts show a clear pattern that Nifty is forming a Descending Broadening Wedge. Good news is that it is a bullish pattern. Bad news is that if this pattern formation holds true, then we may see a further downside in Nifty in weeks to come, where it can well go down to 15000 levels

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It appears that Nifty 50 is forming a bullish symmetrical triangle pattern in the 15 min interval chart. Is the reversal around the corner?

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On Friday, Bank Nifty formed an indecisive “Spinning Top” candlestick which suggests that the price can go either way this week. We may see Bank Nifty reversing after taking support from 33900-34000 levels. On the extreme side, it may go down to 32150 levels, though it looks a bit unlikely as of now. If it reverses from 34000 levels, it would be a step towards a...

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Lemon Tree Hotels is forming a Bullish Descending Triangle pattern. View negated below 62.5 levels

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DCM Shriram is forming a bullish ascending triangle pattern in the Weekly chart