Price climbing beautifully and formed cup or we can say volatility reducing on down side and increasing on up side so ideally it should move up
ideal cup and handle pattern formed and currently at support with a potential of 34% upside according to cup and handle pattern target projection method
price is showing strong indication of support formation big volume at support and price not falling instead it is going up even if it has to fall and may be forming a channel on daily it has a potential to go at least 20 percentage . this is only my view not any advice this analysis is only for educational purpose
hdfc seems at support current trend on daily is higher high and lower low considering the pattern it seems to be at support though support confirmation candle stick pattern has not developed yet
laxmi organic currently protecting its swing low and trying to breakout currently i am building my hypothesis based on price and volume activity i am able to interpret and i may always go wrong this is only for study purpose and future observation
currently at resistance may retrace and than break resistance
cup and handle pattern formed in up trend .it large cap has not performed yet in this market rally and two days fall in nifty it is still bullish it shows strength in price so we can relay on cup and handle pattern with proper risk management
bandhan bank seems to be making higher swing in daily it has a potential of breaking current swing high in daily