Bitcoin: Close below HNS neckline with bear candle Break below yesterday low of 4000 opens for further downside towards 3800-3600 with 50DMA @ 3775 also acting as support. Final target will be 1000 pts from breakdown Reversal above 4400
Buy HDFCBANK with 1760 stop loss Targets 1820-1840-1870 #Descending Triangle breakout. Best performed when breakout on upside, Rise in volume in past 3 sessions as price moving up, Good Risk Reward
Manappuram: #Ascending Triangle Breakout#Rise in Volumes,#Good Risk Reward Buy Manappuram above @ 108 & add further above 112 stop below 98 Targets 140-155
LNT #Descending Triangle in Making,#Gapup with volume, #+veDivergenceRSI&MACD
LNT bullish flag in making (Weekly Chart) with breakout on close above 1200 Rise in volume seen as price is moving towards breakout point Descending triangle visible on Daily chart with best results if breakout on upside Also price is trading above key moving averages
Larsen is in formation of Flag. Breakout will come once price breaks and close above 1200 with volumes Rationale: Rise in volumes as price is approaching breakout point Stock has shown strength against sideways trend of index
Nifty: Trading Within Ascending triangle, #RSI trendline broken, Retest of 9850-9870 support, Breakdown below 9850 If 9850-9870 holds retest of 9970-10000 with breakout above 10000 Expected range 9870-10000
Buy Exide in range 215-219 stop 205 Targets 250-270 Rationale: Breakout of downward channel with high volumes, price took support @ 61.8% retracement and eventually breakout