Bank Nifty is making symmetrical triangle pattern
If it breaks the resistance zone then chances are it will go up
Note :- I can be 100% wrong so do your own analysis before taking a trade.
ICICI Prudential Life Insurance Company Limited has a strong resistance on the trendline with evening star pattern which is a bearish signal.
Note:- I can be 100% wrong so do your own analysis before taking a trade.
BPCL is making symmetrical triangle pattern
If it breaks the resistance zone then it will go up
and if it fails to break the resistance zone then it will go towards its support
Note :- I can be 100% wrong so do your own analysis before taking a trade.
Bosch Ltd. Seems Bullish, Making Symmetrical Triangle Pattern.
Targets are :-
Target 1= 13408
Target 2= 15125
Target 3= 16842
Note :- I can be 100% wrong so do your own analysis before taking a trade.
Tata Steel Ltd. Seems Bearish, Making Bearish Divergence with Double Top(Reversal) pattern.
Targets are :-
Target 1= 577
Target 2= 533
Target 3= 497
Target 4= 460
Note :- I can be 100% wrong so do your own analysis before taking a trade.
Bajaj Finserv Ltd. looks good to short.
RSI daily is 91.75
One can short it after bearish candle formation for confirmation.
Note :- I can be 100% wrong so do your own analysis before taking a trade.
Apollo Hospitals Enterprises Ltd. has a strong resistance on the trendline with bearish divergence.
Targets are :-
Target 1= 2256
Target 2= 2203
Target 3= 2153
Note :- I can be 100% wrong so do your own analysis before taking a trade.
Muthoot Finance Ltd. has a support on the trendline.
Targets are :-
Target 1= 1178
Target 2= 1201
Target 3= 1219
Target 4= 1238
Note :- I can be 100% wrong so do your own analysis before taking a trade.
Gulf Oil Lubricants India Ltd. Seems Bullish, Making Symmetrical Triangle Pattern.
Targets are :-
Target 1= 735
Target 2= 871
Note :- I can be 100% wrong so do your own analysis before taking a trade.