Long Term Charts–Axis Bank, Ashok Leyland, Bharat Forge, United Spirits & Sun Pharma .

Scanning through the FNO space and stocks which are showing possibilities of a long term breakout and leadership change.


15% Discount Technical Traders Room

A 15% discount on our new product, Technical Traders Room until 30th September 2022 Use code: MAIL15 To avail the offer, click on the below link https://rigi.club/jcp/l7BZLqDa7i

Those who have already subscribed can extend their subscription using the same link


Axis Bank

  • At least 6 attempts done at the 820 band.
  • Strong base made at 620-650.
  • Expect it to be the new leader in the Banking Space. ( covered in our Banking Report in June )
  • 750-770 support. Big breakout above 820-840.


Axis Bank new !


Ashok Leyland

  • Resistances at 143 and 155 taken out.
  • Test of 170 done.
  • Now can breakout into all time highs.
  • Supports at 145-155.

Ashok Leyland leader


Bharat Forge

  • Still far away from the breakout but a good base done.
  • Big breakout above 800-850.
  • 2015 highs at 680. An underperformer.
  • 700-740 good support.


Bharat Forge


United Spirits.

  • Lots of expectations over the years but barely any returns from 2015.
  • Finally the breakout of 750 done and retest also done.
  • Now setting up for a move back to ATH
  • A good long term consumption story ?

United Spirits Leader


Sun Pharma

  • The best performer in 2012-2015 in the Pharma rally.
  • 950 a major resistance from 2015.
  • 2 attempts at 950 done in this year.
  • Can it breakout above 950 ?

Sun Pharma leader


Technical Analysis Training Mumbai–October 15-16.

1) Free Access to Online Course 1 year. (Rs 6000 )

2) Free Refresher

3) 2 months Technical Traders Rooom

4) 10-12 batch size

Fees Rs 16000

Payment Link https://bit.ly/3DCU5vm

For more details https://nooreshtech.co.in/2022/09/technical-analysis-training-mumbai-october-15-16.html

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.