Bajaj Auto Ltd –

The stock had good rally from muhurt trading, rallied from 3048 – 3280. Now the stock is trading in triangle pattern. The price action is getting compressed. The stock has formed triangle pattern on higher levels if breakout happened on upper side it can give good rally. If breakout happened on lower side it will double top pattern.

 INDIGO –

The stock has fallen from higher levels 1895 – 1375 in the last month. Now the stock is consolidating. at lower levels. The price action is getting compressed. Breakout on either side will give fast move. This is one of the most volatile from last few trading sessions.

 State Bank of India –

The stock is rallied from 265 – 320, now the stock is trading in tight range. Breakout on either side will give fast move in the stock. The volume is drying up is last few session.

Zee Entertainment Enterprises Ltd –

The stock gave explosive rally from 230 – 310 in just 4-5 trading session. The stock is trading triangle pattern, the stock is currently trading near support level. If the stock broke support level it will test lower levels. Again this is volatile stock it can move very fast on either side.

 

Disclaimer –

The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.


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