thelastbull

thelastbull

Triangle pattern consolidation here, can we see an IPO base breakout here?

thelastbull

Price is contained in this gradual ascending channel, however at horizontal resistance.

thelastbull

Nifty Bank is trading in a descending channel and price opened gap down and whole day just consolidating near the demand line of the channel. Also a horizontal support nearby from previous pivot. Thus a demand confluence, thus hoping for a relief rally as of now and then will proceed to analyze the price action from there. Need of the hour is to get a strong...

thelastbull Updated 

NTPC is looking bullish after a big breakout that played out on Friday, with NIFTY CPSE index also showing strength. Has had a long consolidation in the background.

thelastbull

!5 min (short term structure) does look bullish despite so much weakness in index. Long trade can be initiated with a small SL although not a high odds trade because of the extreme bearish sentiment prevalent everywhere.

thelastbull

HDFC Life is reversing well from a long term support. Waiting for a channel + horizontal resistance breakout.

thelastbull

Price is in a perfect range in the hourly timeframe. Price Volume analysis giving early hints of breakout to the upside. Clear resistance levels marked.

thelastbull

Gujarat Gas hourly chart, after coming down, price is facing a clear resistance whenever it tries to move up. Bearish sentiment, so as soon as the support breaks can short.

thelastbull

After breaking down of a trading range price has been consolidating in a triangle pattern, with bearish signs

thelastbull

In an old established downtrend channel, price is now forming a range = Accumulation? Expecting bullishness at the break of the supply trend line (upper channel line). Climactic good selling bar in the background helping to form a context.

thelastbull

Divis Lab has been consolidating for a while and has now again formed a mini trading range within a larger trading range just below the resistance. Immediate price action is hinting at breakout. from the range.

thelastbull

COntinuing in descending channel, price is forming a range, can breakout on the upside.

thelastbull

Nifty Bank fut. perfectly adhering to the descending channel. Long in the tooth, can we anticipate a reversal? Blue line is VWAP, price comfortably above it shows bullish momentum. Touches to the channel lines marked as well, its a validated working channel.

thelastbull

Price is at a support region and unable to break it from last few bars. Selling pressure has reduced and we can see a reversal trade.

thelastbull

Bharti Airtel HOurly chart, good breakout followed by retest now, should be observed closely for fresh demand to come in here.

thelastbull

ITC Cup and Handle pattern breakout? FMCG sector can outperform nifty for a short while if Nifty dips here.

thelastbull

17300-17400 is important short term support level, need to see if it holds however selling pressure is evident on the downside with heavyweights seeing some correction last week.

thelastbull

Downtrend to continue in the short term after price failed to stop and reverse at a local level of support.