Reason- NSE:TCS - Double bottom pattern with piercing candle on Daily Chart. Duration 7-15 days The Double Bottom pattern emerges within a downtrend when the price hits two lows at approximately the same level. During this formation, the volume tends to taper off, indicating a decrease in the selling pressure. At each low point, there might be a slight...
1. Trend Bullish 2. Target profit one is yet to reach from past breakout pattern 3. Almost 2 months consolidation 4. Strength - Strong
1. Trend - Bullish 2. Fresh Breakout 3. Market showed good recovery on friday & here we have fresh breakout
It gave a breaout after a good consolidation and retested it also with a good hammer candle and also it is in a good uptrend which shows strength in this stock.
Breakout of trendline and it is bouncing back from a good support with good volumes. We can see a good upmove in short term.
BO of trendline after 2018 and also launching it's veichle can boost this stock sales and revenues. We can see good returns in short and mid term.
A Symmetrical Continuation Triangle (Bullish) is a technical chart pattern used in technical analysis to predict potential price movements in financial markets, particularly in stocks, currencies, and commodities. The same has been identified in daily-chart of BSE:HAZOOR Hazoor Multi Projects Ltd. This pattern is characterized by the following key...
ONGC, weekly time-frame technical analysis: ONGC is breaking a long-time trend. The last two weeks have given a strong bullish indication on the trend line as well, indicating the start of possible bullish momentum.
Company: INOX WIND LTD. NSE SYMBOL: NSE:INOXWIND Chart Analysis: Daily Chart Pattern Identification: Double Bottom & Symmetrical Continuation Triangle (Bullish) The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend. The price has broken upward out of...
1. Base built up 2. 2 months consolidation 3. Trend Bullish 4. Strength Strong
Detailed View about this Breakout: No.of Resistance: 2 No.of Support: 3 Consolidation days : 150+ days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on Electronics Mart India Ltd ( BSE:EMIL ). Tells Me: The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. This bullish signal indicates that the stock price may target up range of 150.00 - 160.00. PLEASE NOTE THAT: This chart...
1. Trend - sideways 2. Phase - Accumulation 3. Higher bottoms shifts 4. RR - 1:33 5. SL - follow on 2 weekly closing basis
This particular stock has maintained a consistent uptrend pattern ever since its initial public offering (IPO). It not only boasts a commendable Return on Capital Employed (ROCE) percentage but is also nearly debt-free, which is a remarkable financial strength. Recently, it exhibited a promising bullback and breakout, demonstrating its potential for substantial...
I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
BANK OF BARODA has formed Ascending Triangle Pattern and started to gave a breakout from 169 as that was resistance level. Based on the pattern, one can enter around 180 and target can be set around 223 with Stoploss to be set around 160. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
1. Price is at ATH fresh breakout 2. Triangle pattern breakout
Breakout of the resistance level and moving averages indicates an up-move. But it's possible only if the price sustains above the level of 616, then the price could move 3 to 4%. Disclaimer: This is my pre-market analysis and my trading journal. Not a suggestion to buy or sell. Hit the like button!! Show some energy!! Thanks Er. Simranjit Singh Virdi