Britannia forming RISING WEDGE in small timeframe along with RSI divergence. Breakdown is expected. Intraday short trade can be taken on breakdown. Good risk : reward.
Expecting SUNPHARMA reversal. SELL can be placed below the line. SL at day HIGH. Trade can be closed at market close.
NEUTRAL view on HINDPETRO. Inverse H&S shows bullishness but expecting price to fill the GAP as well. Breakout or Breakdown is expected on trendline.
NIFTY is looking BULLISH. Looks like simple price retracement on HIGHER time frames. While ASCENDING TRIANGLE formation on SHORTER timeframes suggest breakout.
Price action based SHORT idea 1D TF. SL on higher side,Low RISK:REWARD Trade.