ADANI ENTERPRISES - ADANIENT(NSE) has broken out of a Symmetric Triangular pattern when viewed in a 1hr time-frame. Click on the link given below to view detailed analysis:
Carborundum Universal - CARBORUNIV (NSE) has been following a Bullish Rectangle pattern since September. A long candle breaking the rectangle upwards can be a considered as a strong Buy option.
BATAINDIA(NSE) has been following a Falling Wedge style since the beginning of November. A rally till 2023 levels, as indicated by the Rose arrow can happen if it takes a support at around 1821.70 (dashed red line) and the triangle being cut by a long bullish candle.
Steel Authority of India Ltd.(SAIL), when viewed in the 1hr timeframe, is found to be on a Bullish Pennant trend. A long candle cutting the green line upwards can be a bullish trend which can reach till 115, at-least. A stop loss can be set on an appropriate point on the red line if the price is about to fall down.
