vkfincare09

vkfincare09

Previous jindal saw break resistance on weekly time frame retested that level and gave a good moment upside, again it has retested the breakout level, looks good for swing trading above 122

vkfincare09

Bhel looks good to go for buy , as it has completed its 50% retracement on weekly time frame also took support on trend line as shown, and previously it also created Double bottom , as shown.

vkfincare09

As i mentioned in previous ,, cadila helthcare is near the target, you can take buy position from there

vkfincare09

Cadila may take support at 50% fib level and reverse from there, keep eye on it

vkfincare09

Possible pattern formation!

vkfincare09

It could form inverse head and shoulder pattern, more clearity could be seen in 15 mins time frame.