BSE
SRTRANSFIN Bullish Flag Pattern, Long @ 700B - 700
T - 760,790
SL - 670
Please comment your views.
**Information provided is for educational purposes only
BERGER PAINTS LTD | NSE | ANALYSIS Hey guys!
BERGERPAINT has been consolidating in a triangle pattern since march this year (2020)
Seems like it just broke out of the pattern, providing more room to grow upwards.
I would be a buyer at this price with a stop loss placed just below the top trendline of the triangle.
Thank you! Follow and like if you agree :)
SENSEX rally finally coming to an end?See the reaction at the lower line on the rising wedge. Once we break down we have two targets on the chart. A better entry could be the top of the wedge if you would like to sweeten the Risk-Reward ratio. I believe we will make a lower low. This rally doesn't make much sense and at these levels, I much rather be sitting in cash rather than hoping that the bubble will go on.
INFRATEL | NSE | AnalysisHello guys!
Infratel seems to be forming an ascending triangle, and holding the strong trend line.
Price has been rejected at support 4 times as indicated with arrows in the chart.
It is now closing in on the top resistance, if broken / flipped will aim for new all time highs.
MACD and Stoch RSI support the bias.
INDUSINDBK | NSE | ANALYSISHey guys!
IndusIndBk has broken out of its major resistance level and has flipped it to support.
It has consolidated for a while above the support, which is healthy. And, it's closing in on the D-Day.
MACD is converging bullish adding to the bias.
Stoch RSI has bottomed out and is ready for a reversal.
Next possible resistances are way above 600 rupees, which is the 200MA on the 4H. That's a 30% easy target in the coming months.
Above are my reasons to enter the trade.
Thank you!