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Charts of the Day - 15th Sept 2021 | SwingTrader India

Coal India
  • The stock is currently trading in a cup pattern and has approached its previous pivot level.
  • It is trending above all its key moving averages. RS line has started to trend upward.
Clean Science And Technology

  • The stock has broken out of a classic IPO base cup pattern on higher volume.
  • Excellent group rank.
Tatva Chintan Pharma Chem

  • The stock is currently forming an IPO base.
  • Today, it broke out from a small downward sloping trendline connecting the high of its listing day to the high of August 2021.
  • Excellent group rank.
  • Currently, the stock is trading in a flat base pattern.
  • The stock bounced off its 50-DMA after eight days of consolidation above that level.
  • Overall, Nifty PSU shows bullish resilience in the current market scenario.

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