Note: This analysis is for educational purpose. The stock has been testing the trendline couple of times. Breakout above the trendline and also the long term support would be rewarding.
Note: This analysis is for educational purpose. A cup and handle pattern is formed in Ashok Leyland and moving above all moving averages.
After breaking out from saucer pattern, CAMS is forming a pennant pattern. Will it give a breakout for next rally?
Inverted head ans shoulders pattern is observed in PNB. Also, PNB is trading above all important moving average. Do you think it will rally once it crosses 36.5?
A traingle pattern has been formed in IRCTC, also 1500 seems like a huge resistance in 1 day charts. I'm planning to enter once it breaks 1500, which is a breakout from triangle also.
For last few days, Reliance is in strong consolidation mode. A triangle pattern is observed which would help to get quick money once it breaks out.
A good cup and handle pattern is observed in Coal India. A move above 150 could be bullish.
A symmetrical triangle pattern is observed in Hikal. Waiting for a breakout to enter.
Two bullish patterns are observed in SunTV. 1) Inverted head and shoulders. 2) Cup and handle pattern. I have entered at 505, do you see a bullish rally ahead?
Cup and Handle pattern spotted in SunTV. Will it rally from here?
A symmetrical triangle pattern is observed in this stock. Traders can look for a breakout opportunity to get hold of some profits.
Engineers India seems to be on the move to break long term resistance of 75. Seems to be bullish if it sustains above 75.5!
Rounding bottom is formed in union bank shares. Expecting a bull run above if it sustains above 28.
Saucer formation is observed in Siemens which traders can check for a breakout or wait for handle formation to complete cup and handle pattern.
GHCL is on the edge of breaking out from a bullish pennant pattern. Watch out for a breakout confirmation.
ITC is forming a saucer pattern in day charts. Sustaining above 192 could be bullish.
Cummins is nearing its long term resistance following a trendline. Watch out for a breakout.
Linde India is trading in bullish parallel channel since March 2020. Any deviation from the channel would be rewarding.