Break above on declining trendline can give huge upside, may or not.. because this is news/event driven rally.. Wait n watch ...
Looks like BRENT is taking a support at a trendline for an upmove...
Can this be 3rd wave for UPL? Seems to be have completed A-B-C 2nd wave and ready to go up.
BOB - on 1hrly chart seems to be entering into C wave.
seems to be near to B wave completion (760-770 range) in A-B-C wave.. then may be into C Wave
ICICI on daily chart seems to be forming ending diagonal on Daily chart.