Tata Steel on Day and weekly candles, showing consolidation in triangular pattern. It is reaching its consolidation and breakout possible upside. Also the price is above 50 and 200 EMA. Target reaching its previous all time high.
Intel Corporation after heavy consolidation on chart, showing signs for downward trend break and upside. Long consolidation will help this stock to break on upside with good volume.
QCOM on weekly candle nearing breakout. Right now it is reached resistance zone which was earlier support. Support take around 100 and bounced back. Once this resistance breaks it will shoot towards North. Keep watch on it. AI will give boost to chip market.
Banknifty Day candle when reaching ATR Percentage value 1, there was directional move after that observed on previous periods. Now the value is same reaching again. Will need to observe where it will be breakout or breakdown.
Tesla showing symmetrical triangle pattern on weekly candle. Price today is above 20, 50, 100, 200 EMA and nearing trend resistance. Once this resistance break it may head towards bullish zone. Price now after retracement, nearing and heading for breakout.
MS showing Head and shoulder pattern with last leg leaning downwards. As per chart it may fell till previous bottom of shoulder. Strong buying zone on 200 EMA which at bottom of shoulder. Keep watch. Long only if downward trend line break on upside.