What Is a Rounding Bottom? A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. This pattern's time frame can vary from several weeks to several...
Read About WEDGE PATTERN WHAT IS A FALLING WEDGE PATTERN? The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend. HOW TO IDENTIFY A FALLING...
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Breakout in Skf India Limited. Weekly volume will be very high because volume on the first day of week is very high.
Breakout in Deepak Fertilizers And Petrochemicals Corporation Limited....
Metro brands have broken out the trendline which had multiple rejections in the past. Enter above 640 level Target - 672 level Stop loss - 614 level Follow me for more analysis like this.
Stock is having potential to reach 700 range, as we can see cup and handle breakout with good candle & volume. For that stock has to sustain above 400 range in this weekly. as we are analysis weekly chart. At present we can see 52 week high and its all time high 414 level is broken. 420 range is the best for 1st re entry price, next 400-405 Range for...
chart it self explaining all, if we want to put trade here there can be trade with cmp 945 for the target of 1090 with very small SL of 924
Taking support at Monthly EMA21 & Pivot Saksoft Inverted Head & Shoulder Possible Breakout Long position with Stoploss below 820
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Acrysil has been under a resistance zone for 70+ days and has formed a beautiful triangle patternwith support of the 50EMA. High volume cue has been given and a break above the resistance and the 200EMA provides a possibility for a long trade. 3 targets T1 should hit in a short span while T3 may take a few months with pullbacks. Stop loss below the 50EMA...
This idea is a follow-up to Coalindia You can check the Link to Related Ideas ( Detailed analysis done on 18th July Video ) Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
Monthly bullish Weekly bullish Daily :- need to retest the 300 level Final tgt :- 340 S.L :- 285
Risk reward ratio :- 1:1 W pattern on weekly chart INSIDE BAR ON MONTHLY CHART DAILY RSI ABOVE 60
This is follow-up on BLS International Services. Can also check link to related ideas. Target 1 achieved. Target 2 is ON as it is trading above Ascending Upper Trendline (White Channel Line). Here is previous chart. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and...
This is follow-up on Voltamp Transformers. Can also check link to related ideas. Target 2 achieved. Target 3 is ON even after a gain of more than 66% as it is trading above resistance line of 3429. Here are previous charts. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration...
This is follow-up on Craftsman Automation. Can also check link to related ideas. Target 1 achieved. Target 2 is ON as it is trading above Ascending Upper Trendline (Channel Line). Here is previous chart. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose...
#Watchlist #SBILIFE (W):- CMP 1294 Looks Good above 1300 For More Upsides :) Trading volume tends to drop off the longer congestion lasts. This is not always the case but is the general tendency. Volume tends to pick up when the congestion ends. The congestion is over when there is a breakout, typically on larger-than-recent volume, and the price moves outside...