1. Canara bank has given a breakout from the triangle pattern with decent volume
2. Its next target is mentioned in the chart itself
3. The target was a strong support before 2020, which is now going to act as a resistance.
4. Can be a good pick for swing trade.
1. Varun beverages was forming the triangle pattern.
2. Now the triangle is broken the triangle and closed above it with a good volume.
3. May expect a upward price movement in the upcoming days
4. Just wait for the next candle to confirm the breakout. If the next candle is closing well above the pattern, we can take the position.
1. ABFRL is currently moving in the channel pattern under weekly time frame
2. It is evident from the chart that it has taken multiple support and rejected multiple times at the resistance line
3. Right now it has hit the support line and we can expect a positive move toward the resistance line.
4. Good opportunity for swing trade till the resistance line