madhur1216

madhur1216

TCS has just given breakout of trendline in 1D time frame. But we should be cautious also as it is on the R2 of Pivot Points. One can go long as soon as it crosses the R2.

madhur1216

As you can clearly see the breakout of multiple resistance in chart above. One can definitely go long on this until it is above the trendline.

madhur1216

SAIL chart looks good to go long as stock has taken support from its major support zone and also from 50 EMA. Any close above the trendline (as mentioned in chart above) will lead to good move as per my view. One should definitely keep an eye on this stock and not miss the breakout.

madhur1216

It is taking support from its previous major support level. It is totally on demand zone.

madhur1216

Watch the Chart and drawings you will understand it all.

madhur1216

M&M on daily time frame is at its demand zone and also showing pullback currently from this level. But as it is also following downtrend trend line, I will be bullish once it gives close above that line otherwise it may continue to follow that line. Also it is below 50EMA currently.

madhur1216 Updated 

SBIN today given breakout of triangle pattern and also MACD is showing crossover. The stock is above 50EMA in days chart.

madhur1216

One should keep an eye on BHEL. As it is following the trend line downward and also is in a particular range from so many days now. Also it has given closing near 50 EMA. Any breakout of these will lead to good rally.

madhur1216

Bank nifty Chart is showing Bullish Pattern for coming days.