Double Bottom

The stock has nicely formed the double bottom reversal pattern so one can expect that the long term downtrend has been reversed for time being. It has retested the neckline yesterday and bounced from that level. One can buy the stock now with the SL of low of today and continue with the trade for the target of 472. It offers a good Risk to Reward ratio of...

There is a double bottom formation in the Crude oil weekly time frame , if the price closes above the entry point indicated in the chart we can take a long position with expected target indicated DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk

On the daily time frame, a bullish divergence can be seen as well as a possible double bottom has formed.

There is a formation of double bottom in ASIANPAINTS and hence if this week close above 1465 , we can expect it to reach the target provided in the chart DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk

Note: this analysis not for intraday.. As per my analysis nifty perfectly hit the support, which was act as an resistance previously.. if it breaks in 1 or 2 days it will go to the next target level and form double bottom @ 11111....... Not big difference only 308 points more ... In current situation nifty will easily hit this target... currently closed @...

Double bottom breakout above 1090 , buy with SL 1042 ,for tgt 1126/1160/1180 in comming days

There is a double bottom formation on BANKNIFTY we can expect some uptrend tomorrow

There is a double bottom formation in SUNPHARMA , we can go for long position with target mentioned in the chart , stop loss might be quite high as we catched the pattern at mid stage The optimal stop loss would be 363.5

Double Bottom pattern has been formed in INDUSINDBK and hence we can take a long position with the target and stop loss as indicated in the chart

For BALKRISIND ,there is a double bottom formation in the 1 hr chart signalling the re-tracement of the daily chart downtrend has started , if the price closes above 738.5 we can go for a long position and the target will be 764

Both cypher pattern and double bottom conforming the uptrend, target is next monthly resistance.

Price action of Dhanuka Agritech exhibits a sustained weakness in Weekly time frame. The stock has consistently formed lowers and lower highs until recently. By analyzing the recent price action, we could see that the two relatively new lows formed are at the same level indicating that bears might be losing steam. In fact previous weekly candle was huge thereby...

Lets look at the analysis ---> 1> EW ANALYSIS :- Assuming this trend from 1490.9 level in corrective phase, we will assume impulse wave completed at 830.1, after that it slightly got complicated, still we will keep prefer count as B as flat, now we might be in wave c of B. 2> Classical TA :- a. the downtrend channel has given a breakout b. formed a minor double...

Double Bottom pattern observed in Tata Chemicals. Neck level was broken in second week of May thereby confirming the pattern. The recent fall could be counted as neck level retesting. In that case the stock will move up to 672 where the pattern target falls. However, a trendline still holds and we could see noticeable resistances at 635 and 658. A break above 635...

double bottom formation on 30min T.F & ascending triangle formed due to trend line.

stock : colpal levels sector : fmcg

Britannia may have found its support around 2630 making a double bottom.

We are now in Plan F as mentioned in the video idea published on 9th April 2019 9th April 2019 - Elliottwaves - Let us make some...