On the daily chart, Total 3 patterns have been plotted by this TVS MOTOR which is following,
Two-Channel Patterns
Flag pattern
The Price rotation and Tails are important roles to identify the change in it. Presently, the stock price is in a channel with the supply line, therefore we are expected Tail or Overlapping at the value high.
Focus on volume,...
Marico Trading Near Long time Support, Wait for Clear breakout Long move after breakout. Bull Don't trade bollow average line. Up Move Possibility high.
INDL chart in a glimpse, on special request from some friends who have exposure in this
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ABBOTINDIA has been in a catch-worthy uptrend. Those who are looking to enter have an opportunity here. Stock is finding support from 55 EMA. SL is 1 ATR below 55 EMA.
In clear uptrend since 2013.
Started retracing in 2018 & that down Trendline has been broken. Previous resistance of 540 has been turned into support.
Good entry point for a swing trade as well as investment purpose.
Petronet is in clear uptrend on weekly TF.
On Daily TF, it is consolidating in a range. Now has made a higher low with a strong Bullish Engulfing yesterday.
I am long. Target has been set as per classical charting rules i.e. equal to max width of ascending triangle.
indian oil corporation break the long supported trend line now price is moving downward ..
price near support so small bounce can
selling pressure is really high
There’s a small breakout in ZIL. The retest of support is around 84-86 Sats. If ZIL were to breach the wedge then it would be a sell, but we are in anticipation of a bounce in this support range instead. Ideally we would like confirmation but for now it’s a Nuetral-Long
