As visible on charts CNXIT has given a breakout from multiple reversal patterns which are Island Reversal, Double Bottom, Inverse Head & Shoulder. CNXIT has formed double bottom around 26450 along with RSI divergence and finally given its breakout at 28600. The index fell with a gap and also reversed with a gap hence, leaving behind an island and showing an...
Risk reward ratio :- 1:1 W pattern on weekly chart INSIDE BAR ON MONTHLY CHART DAILY RSI ABOVE 60
midcap stocks are going to boom there is possibility for big move instead of intraday its better to go for 3 to 4 days of holding with proper risk management
If you observe Nifty on 5 Minute TF, so you will that it's in range. So if it breaks that range we can see the good momentum either side. So Mark this levels and play around this
midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; trendline is not broken yet, if you are intrested in investmet, go for it with small risk, more possibility is there for breakout.
Mangalam Drugs has been attempting to break the 155 level, with its previous attempts getting rejected. But this time, with the solid foundation of a Double Bottom base, & a Symmetrical Triangle formed near the resistance zone, the chances of a successful breakout increases. Following points to note before initiating a Long...
BASF India has made a double bottom at demand zone which was supply zone previously and gave a breakout out with good volume. It also gave trendline Breakout. It also consolidated before giving the breakout. Safe traders wait for the pullback for retest entry. Keep stoploss at recent swing low and trail. Disclaimer :- I'm not SEBI registered analyst. Information...
RUCHIRA : On my Radar from July-18th, when trendline breakout happened on Hourly time frame. Here is the history- 2022-07-18: ADX/DI+ are >25. Cross WK Piv Upside - Shooting Star. Close is above SMA-20 on D/Wk/M time frames. 2022-07-19: Crossing 4 week High. RSI crossing above 60 on M/W/D time frames. 2022-07-22: ADX > 28 2022-07-27: Cross WK Piv...
Hello.., 1. airtel traded sideways in weekly.., its exactly bounce back from demand zone around 640-650 levels. 2. already institution players entered in demand zone. 3. now we got a double conformation double bottom formed in day chart. 4.if its break 700 day close basis target would be 770 5.target period...
If you observe today's closing is in between the day's high and day's low, So for next there is high chances that market will be range bound after opening. Just see the 1D TF NSE:NIFTY
Buy DR LALPATH 2300-2350, for 2450,2600/2650. invalid below 2230. Stock has given double bottom breakout with all leading indicator turning bullish
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Investment Pick !! Accumulate with minimum 8-12 Months Mindset
BAJAJ FINANCE LTD looks like Channel breakout on daily chart and Double BOTTOM on weekly chart. The primary trend line runs between the breakout, pay attention. If the price sustains above 6311, the pattern will be executed. View upcoming destinations.
I daily make educational content videos on financial markets
Trent market strategy. Marekt form a sideways pattern and also it was broken in hr tf. in 15 min tf looks like a Double bottom and also in hr tf market form a swing pattern. when market break the pattern plan to trade.
There are two possibilities here : 1. Either the stock will continue the trend but the volume doesn't suggest so. 2. The weak hands will start exiting at current levels as it's a good resistance level. Wait for some retracement to start building the position. Better to buy as close as near the key zone level.
NSE: HDFCAMC If Breaks Then The Targets could be Taken at 2108 Time Frame :- 1 Day Patterns Name :- Double Bottom We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome content Made By...