Nifty at trend deciding pattern, close above 17700 tomorrow can indicate bounce back and close below 17550 indicates trend reversal within the trendline formed
Beautiful support pattern, if opening on monday tanks up the price above 400 breaking the pattern, Target will be 413/420
Cipla - took support at 746 that I have drawn the lower end of the channel to now. The top end has parallel line, one that coincides with 3 previous tops. This gives us two potential outcomes for wave 5 up, either a move to the first line at 875 or the second line at 945. Time will tell which and by when.
Relaince Breakdown symmetric traingle pattern and hold at its support level 2200. If it continues to fall further, major support as per RSI and fibbonacci level lies at 2160-2155
Beautiful Support and resistance level with clear divergence confirmation at bottom and positive news of US FDA Drug approval. Initial Target tomorrow 1053 with stop loss 1022