GSPL:- Stock has given breakout by forming double bottom pattern keep your eye.
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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In NSE:RADICO the Rounding bottom is in Formation. Long side can be taken after the breakout of neckline. The Price Objective for the same will be the Height of the rounding bottom to the neckline (If the pattern is completed). The stop loss for the same can be determined after the completion of pattern.
Will the pattern complete?
* It is my Analysis and not...
Wipro is one of the large cap IT stocks that has been hammered by the stock market. However, one can see a decent triangle formation and bottom formation going on here. If this formation succeeds, it can be a great accumulation zone for the stock for the medium term. The base of the triangle (marked in the chart) is your stop loss.
Iex been consolidating here from a long time and we can see price has already corrected so from here it is safe to accumulate soon will move higher
and we know how europe energy crisis is going on so in india upcoming energy transactions will go further .
GNFC: CMP 485.95 - Weekly Chart = Bullish for Long Term
Perfect Rounding Bottom in GNFC Indicates Possible Breakout
Running Pattern : Rounding Bottom
Trend : Bullish
Important Support 451.00
Target : 505-518-525-547.50 ATH breakout 548.50.
CMP : 485.85
Buy@ 491 Stop loss 471.00
Py cycle indicating, on the black arrow, the crossing of the averages,
''the bottom of the price of Bitcoin''. We never trust only one indicator but this indicator so far has not missed tops or bottoms on the Bitcoin chart.
We have to be careful to understand that when he gives the signal we can still make the bottom and go down a little more,
Good day to everyone!
BTC enters the BOTTOM zone which is between 16-22k. Best buy zone is 16-18k .
We may rally to the resistance zone 48-50k after few months of bottom consolidation (July - October), and then continues the Bull Run breaking ATH.
Get ready for the next Bull Cycle..
Good day to everyone!
NIFTY price action is trapped inside a Descending Broadening Wedge (Blue lines).
The Good News is that Descending Broadening Wedge is a Bullish or Continuation Pattern.
Since the long term trend is uptrend, the probability of the trend continuation is higher which is bullish .
Where is the bottom?
The price action is currently...
Nasdaq near its trendline support and very near to 200 weekly ema (only touches during crash period).
Also Weekly rsi is heavily oversold with a bullish divergence.
Market cap of s&p500 index came down to near its december,2020 period. it means all surplus (of covid period) already sucked out of markets.
Soon a bottom will be formed and markets show a meaningful...