Morning Star

#ICICIBANK - Reversal Candidate ICICIBANK has taken support near 264 which is its earlier resistance area and has formed morning star pattern. It needs to close above 272 for confirmation for trend reversal. It it sustains above 272, then 300 looks possible. Below 264, pattern failure.

#TATAELXSI - Morningstar pattern formation near imp support TATAELXSI has morning star pattern near important support level.

#AJANTPHARM - Short-term trend reversal AJANTPHARM has formed morningstar pattern on 23rd August and has consolidated between 1180-1240 zone. Yesterday it showed breakout from that range and its a good bet for short-term upside.

#IDEA - Taken support near 77 and morning star pattern IDEA has taken support near 77 and has formed morning star pattern on daily chart.

Bharti Airtel -Morning Star-Talents/Patterns can't be hidden@398 Morning Star –Talents / Patterns cannot be hidden@ 398-408 Fold your hands & say thank you to Morning Star- They will feel nice. Talents/ Patterns cannot be hidden for long, they are like bubble or soda pop in the fizzy water. Megha Mishra, A talented kid for the music industry is all set with her mind blowing song "Who am I" for an upcoming movie- Secret Superstar. As talents, patterns also can’t be hidden – you feel it & It will explode. As I, felt when pattern was about

nmdc looks bullish in medium term.in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below morning star low), 1st tgt - 131 (immediate resistance) 2nd tgt - 150 (previous swing high).

by ParamjitMahapatro

tata power looks bullish over medium term price is moving in an uptrend channel in weekly time frame. Recently morning star candlestick formed at the channel support, and price is reversing , so 1st tgt - previous swing high - 90.5, and sl - below the channel support - around 76.7 .

by ParamjitMahapatro

Morning Star formation on Century Tex - LONG Morning Star candlestick formation on Weekly chart of Century Tex, which is giving bullish trend for short term. It's a short term recommendation. Trade: Buy Above = 813 Target 1 = 906 Target 2 = 978 Stop Loss = 747 Reward Points = 165 Risk Points = 66 " Happy Trading "