Well channeled since 2010 on a closing basis
RIL - trendline short
Just curiosity - not a trade idea - the move since trump came has been almost vertical and took it out of the Gann band it was in for a long time. This is the one that has hurt bears the most. SPX's price in contrast is now 4.15X, no mean feat but much poorer vs Nasdaq
Approaching some serious resistance
India tracks EM index very closely. Huge outperformance over last 3 months. Should correct soon
The move from the 10400 low on Hrly should face serious resistance from CMP 10857-10920 zoen
EM index at top end of recent trading range. No trade - can go either ways
Gann resistance short
Possible ED - if right sharp rally once Diagonal taken out
CNX pharma @ the lower end of it's trading channel for last one year. Worth trying longs here. Risk is a bigger impulsive playing out
Short bias but such a boring chart
MCX - trying to break out from downtrend channel. Can rally/ outperform mkts
PNB took out the downtrend gann channel. If sustains can rally sharply from here
not a trade - just an observation. Still depressed. But commodity stocks have done well
Interesting structure on LIC housing. Would have gone long but bearish mkt view keeps long instinct in check
In dangerous territory - tuticorin might keep pressure high. No trade reco - aggressive traders might want to go short if gann support breaks
Has found support in this zone on multiple occasions. Gann support. Long with stop below 405. CMP 44