nilmange

nilmange

Jubilant food work is the another stock at daily time frame which has given breakout of Cup and Handle Breakout. Rsi above 70 good indication of positive movement in the stock. Do analysis on the same.

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Hind rectifier. Observe graph and its formation. Break out of Symmetrical triangle and also has taken support. perfect formation for good movement .

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Double bottom in Voltas. Double bottom or W shape recovery can be seen. Strong support taken now ready to move. Do your analysis before any decision.

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NTPC with Head and shoulder breakout and now consolidating. wait for resistance to break and daily candle to close above resistance for further movement.

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COROMANDEL has given breakout of Ascending triangle with higher high on daily time frame. One should consider bullish trade after own analysis.

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MPHASIS has formed cup and handle formation and has breakout . stock is ready to move further to achieve targets. Study and observe the behavior of the stock to improve trading.

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ICICI SECURITIES on weekly chart seems to be forming Double bottom pattern or W pattern. one can wait for neckline to break or resistance to break on weekly time frame with bullish candle. Should be on watchlist for breakout and then can decide to take long

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Abott India on weekly timeframe has formed Ascending triangle thought breakout has to be happen. One can plan to take bullish trade if weekly candle break resistance and close above it. Technically its showing Higher high trend too.

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Coforge on weekly time frame has given breakout of Cup and Handle pattern and have also retested support and seems to be bullish.