Bharat Forge was trading in a channel since Apr 2018 and now it has given a breakout from that channel on the upper side. There was a major support zone between 350-370 levels, exactly from where it reversed.

Motherson Sumi was trading in a channel since Dec 2017 and now it has given a breakout from that channel. There was a major support near 90 levels, exactly from where it reversed. It also made a higher high during that breakout.

Lux Industries when made a new low of around 984 in Aug 2019, it took a strong support of a trendline and reversed from there. After trading into a consolidation manner for almost 2 months, it finally broke out of a head and shoulder pattern and gave a close above it.

Tata Chemicals has given a breakout from a flag and pennant pattern and is trading consistently above it.

Crompton has come out of its consolidation phase and has given a close at 248.90 yesterday. After giving a breakout, it has come down again, near its support level, and is giving good opportunity to enter and accumulate.

ABB has come out of its 7 days consolidation phase and has closed on last trading session at around 1496. Stock is continously taking good support of 100 day SMA, which stands near 1460. It is also trading above its 200 day SMA which is at 1391.

Axis Bank has come out of its 7 week consolidation phase with good volume and closed at 679.15 on last trading session. Stock has also taken good support of 100 week Moving Average which now stands at 629.45.

ICICI Bank has come out of its lower high-lower low phase and has closed on last trading session at 417, which is above its recent high on daily chart.