Petronet after breakout and runup, consolidating and ready for a good run up now. Making falling wedge and ready for a new run.
PEL is forming good breakout setup in small time frame and cup and handle in bigger timeframe. Looks very good a long investment
Nifty future chart has formed a wedge pattern and had given a breakout on friday, also crossed previous high on hourly charts for better confirmation. Also in line chart -> "W" pattern/double bottom pattern has been formed giving a buy on dip market view
Nifty future looks good for a formation of double bottom, can be a trend changer for bulls.
Bank nifty is showing relative strength from quite long time. Trend change possibility is there if it gives double bottom breakout. Let's see how things unfold
We dnt see much downside from here as of now, at the max nifty future can go for the retest of breakout point. Buying in SIP looks good at these levels.
Took support at last swing high and after consolidation formed bullish marubozu
Gold is highly over bought, and now forming bearish pattern - HnS in hourly charts. Time se go for selling for the time being it's not making higher highs again
Icici pruli is standing above it's previous all time high swing and forming bullish candlestick pattern in times when nifty has corrected 6/7 percent. Clearing a good long bet once nifty gets strength.
Ratio chart is at an important support zone suggesting bank nifty to lead nifty from now.
After a very long consolidation and breakout, Now the stock is again at retest point. Looks good for medium term investment.
Suntech had given breakout from inverted head and shoulder pattern and standing above those levels. it's testing patience of investors.
After a very good rally few months back, this back is back to demand zones for medium term investors/traders. This retracement lead to some cool off as well.
Cement sector is looking good after a very long pause in the entire sector. dalbharat is showing double bottom is a reversal sign and also forming cup and handle.
Graphite looks good after breakout, it's retesting and making a strong monthly candle. Within few months it should breakout horizontally as well.
HDFC bank is consolidating with increased VOLUMES. Price action and structure suggest good explosion towards upside in coming months. levels are marked in chart.
Umang dairy is retesting support area. this high was broken after 7-8 years. and had formed an ATH.
CUB bank after breaking range forming a beatiful cup and handle pattern, looks good for upper range target.