Double Bottom

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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...

see the chart :)

After hitting the mark of $65, crude oil is consolidating in the form of a bullish flag pattern. Two legs of the flag pattern has completed and it is currently at its third and final leg. Although, we expect the flag pattern to render a bullish breakout, for now, we expect a movement to the resistive trendline only.

Lupin made double bottom pattern in weekly and monthly chart which is a reversal pattern.

FB formed a double Bottom from 11/18 to 02/19 which was confirmed by the succesful breakout on 14 january. Fueled by the earnings Reports on 30 january FB had a big upside gap. Now we have breakout of the consolidation and so we have further updside potential. Profit Target 215$, Stop loss 165$ 2:1 reward : risk ratio

The pair is confined within the ranges of 1.57393-1.60778 for the past 2 months. It can be construed as ABC correction and the pair is assumed to in bull cycle. The value of 1.57393 provided strong support to the counter and it reversed the pair from the downtrend. A double bottom pattern formed at the formidable support of 1.57393 is actually the wave 1 and 2 of...

Double botton: Buy above 216 sl 212 for 220- 223

IRB made Double bottom in Monthly Time frame chart Good for long term

POSITIONAL TRADE IN INDIAN BANK WEEKLY RANGE BREAKOUT LIKELY CLOSE ABOVE 274 WILL ASSURE US 0F 200-DMA BREAK APRIL FUT BUY@274 STOP@262 TARGET@294 LOT:2000 QTY:3 2-TO-3 WEEKS OF TIME FRAME

The pair has made a double bottom in the hourly chart. It can retrace to support at 1.03147, for now, which is a good entry point for long trades. We expect the pair to move to the resistance at 1.03523.

Double bottom form see chart

See the chart, its leading to form double bottom.

POSITIONAL TRADE IN GRASIM MARCH FUT DOUBLE BOTTOM IN GRASIM BREAKOUT CONFIRMED!! BUY@810 STOP@790 TARGET@830-50 LOT:750 QTY:1

POSITIONAL TRADE IN BANK OF INDIA MARCH FUT DOUBLE FORMATION VISIBLE ON DAILY CHART CLOSE ABOVE 91+RISE IN OPEN INTEREST WOULD LEAD TO 100 BUY@91 STOP@88 TARGET@98-100 LOT:6000 QTY:1