NSE:MINDTREE is breaking out from head and shoulders neckline. If the breakout sustains then it can take the price to 5600 level very soon.
NSE:CDSL broke out last week from a triangular consolidation. I caught it late but it still seem to have some juice left. It could touch 1900 based on the height of consolidation pattern.
Inverse head and shoulder formation in NSE:MINDTREE . IT is expected to do well on back of good results. Hourly close above 4950 with good volumes would indicate a breakout from neckline. As per the height of formation, it could be a 10-12% move. Keep an eye!
NSE:ESCORTS has been trying to breakout of a 2 month long consolidation. Once it does, it might give a quick 10% move which is equivalent to the height of consolidation. Keep an eye!
BINANCE:ATOMUSD seem to be reversing after breaking down and retesting the expanding triangle lower line. It might go back to 30 levels which is a good support.
FTX:SHIBUSD has broken out of a falling trendline with good volumes. Will it sustain? Let's see.
NSE:NIFTY1! seem to have come out of consolidation pattern (painfully slowly though). If we don't go below the blue trendline where price is resting now, we should move up to 18300 first and then who knows - to ATH possibly.
BINANCE:ADAUSD has broken out of a descending triangle though volumes and price action aren't promising. It could still remain sideways for some more time unless there is some trigger.
NSE:JKCEMENT is breaking out of consolidation with very good volumes. Good time to add to your existing positions. For fresh longs, you may want to wait for a pullback though it may never come.
NSE:CDSL has broken out of a long consolidation with a gap up last week. If this breakout sustains then it has the potential to take the price to 1950 levels based on the height of consolidation triangle. Volumes have increased but they're not too impressive. Chances are it might retest the upper line it just broke but it momentum continues then it might keep...
NSE:LT is breaking out of a trend line. It has been in good momentum and if it continues then we can see more upside in the stock. Keep an eye!
BINANCE:SOLUSD is forming a nice ascending triangle. Once/if it breaks out on the upside with good volumes, it could give at least 100 pts move (Based on height of the triangle formation). Keep an eye!
SP:SPX is nearing trend line resistance. Would it reverse from here, or breakout, or start consolidating here? Only time will tell but keep an eye!
Will OANDA:USDJPY break out on the upper line of consolidation or would it break down below the lower line? Let's wait and see.
On daily chart, there is a broadening pattern and DXY seem to be reversing from top. Broadening patterns are typically bearish in nature hence chances are it'll go down from here till lower end of broadening pattern. It may further decline from there till the green support zone.
BINANCE:DOTUSD has broken out of the range and is trading near all time highs. It could potentially do a pullback to the support level (around 48 in 45/50 range) and if that holds then it should resume the uptrend. Keep an eye for a breakout above the recent high made at 56.22
BINANCE:BTSUSD has been consolidating nicely and a breakout is imminent soon. Just need to see would it breakout or breakdown from here once upper or lower line breaks. Keep an eye!
BINANCE:MANAUSD is nicely consolidating in a triangle. If it breaks out on the upper line then we might see another wild move. Definitely keep an eye on this one.