


TrendTrader_in
Symmetrical structure . We will see a BO or BD Let's see how it reacts to these levels .
As you see one can call this a descending triangle . But I prefer to call it a symmetrical balanced structure which is in tight consolidation as time passes . You'll see a breakout . Only the ones that happen with good volumes last !
Kotak Bank is forming a descending triangle. Though breakout can be seen either side .
We can see divergence also at a significant resistance level .
BNF is at a crucial resistance . But in a narrow range . Expiry can be volatile . Be cautious
Inverted head and shoulder pattern . With good volumes. Can be good pre market trade .
We can clearly see a flag formation and breakout with good volume along with retracement . Strong resistance just above at the zone marked . Be cautious.
Bpcl approaching towards the gap . Buy opportunity can be seen at the levels marked . For swing trade . Opportunity yet to be formed . Keep track of it
Bank nifty forming a inverted head and shoulder pattern .