intraday idea ascending triangle weak resistance breakout soon !!!
BPCL on major trendline with a following wedge good volumes with a breakout can show a decent upmove i put my bets on bpcl
BPCL has been experiencing a falling wedge since a long time it gave a breakout some time back but failed to sustain causing a false breakout it has formed the same falling wedge near support levels it has started to feel some buyers coming in visible in shorter time frame long term view: BPCL is gonna be privatized by the year end seeming to be a good news...
cup and handle at daily charts lower level of cup and handle imp resistance levels to be crossed for good rally keep an eye on the following: eicher tvs bajaj hero
zydus has been following trendlines since sept 2019 keep an eye on this one breach at any side or breakout will show a big move
tata motors is at an important level currently according to daily chats flag pole pattern suggests it is gonna be bullish also the recent news about Indian gas ministry approaching opec about price hikes etc. such news could provide a push for a good up move demand of Tata nexon due to high fuel prices too could provide a greater edge investment view: tata...
FIRST 3 CIRCLES SHOW THE MAJOR RESISTANCE LEVEL AFTER THE BREAKOUT AND RETRACEMENT IT CONVERTED INTO A MAJOR SUPPORT LEVEL FALLING WEDGE AFTER AN UPTREND AND DOJI AT NEAR SUPPORT LEVELS INDICATE A GOOD UPTREND BREWING UP
there has been a rising wedge after a significant down trend also forming descending triangle after that with important support levels if breached and showed consistency it will show a good down trend