Chart Analysis for 28 July - SBIN, IDFC, NIfty and GoldM

SBIN:
SBIN has formed +WW pattern and will trigger with the 2-60 Mins close above 2500 for the 1-4 target line at 2575+.
Min tgt will be 2542.
SL will be 60 mins close below 2500.

IDFC
IDFC has formed and triggered -WW pattern on day chart below 158.30 for the 1-4 target line at below 120.
Min tgt will be 146.20.
SL will be a day close above 158.30 (1-3-5 line).

Nifty:
Nifty is forming bear flag in 5/15/30 mins chart. This pattern will trigger below 7748 with T1 7720 and T2 7655 keeping SL at 7762 post trigger.(ignore tgts given in chart)
This pattern will get invalid above 7806-10

Nifty
Nifty has formed and triggered -WW pattern in 5 mins chart below 7792 for the 1-4 tgt line around 7750-40.SL will be 5 min close above 7792.

If Nifty goes below 7746-40 and takes U-turn, then +WW pattern may trigger (aprx above 7746), targetting 1-4 line aprox at 7810+. This is valid if nifyt do not go above recent high i.e 7800+ else tgts adn pattern may change

GoldM
GoldM has formed +WW pattern in daily chart and triggered above 27270 for the 1-4 target line at 33000+. SL will be a day close below 27270.