Adani Double Bottom On 15 min time frame the stock is formed a double bottom pattern and trading above 685 will breakout this pattern. A good potential up move in the card.
Double Bottom
BTCUSDT Trade Current Situation | 1-Hr Time FrameYou can initiate buy Trade now as retest on Trend line and 50 EMA has been Made, also i shared a post regarding Double Bottom Yesterday, its target has also been achieved.
Target Levels are mentioned in Chart.
DRREDDY | INCOMING BREAKOUT | 2:1 RRDrreddy has been repeatedly testing an important resistance level of 4400. Forming a double bottom, Drreddy has established a good base & is now ready for breakout above 4400. Trade is as follows.
Entry 4365
SL 4239
Targets 4644, 4796.
Please trade according to your risk appetite. Once in the trade, enter SL first.
Happy Trading!
KEI Industries - Short term BullishKEI Industries - Short term Bullish
Formed double bottom... target will be 1385-95,
If it breaks 1400 it will be more bullish.
Educational purpose...
Rain Industries is it a Buy or Sell ?If Breaks Then The Targets could be Taken at 188 .
Time Frame :- 1 Hour
Patterns Name :- IDouble Bottom
Symbol Name :- Rain Industries
If You want idea on any topic them tell me in the comments
Based on Your Own Risk this is only to Show you the Current Pattern
We are not responsible for any profit or loss .
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Double bottom | sasken techdouble bottom formation in sasken technologies
good move to up side can be see here
Perfect example of DOUBLE BOTTOM With DIVERGENCENSE:VOLTAS
Double bottom is always a perfect pattern for LONG ENTRY.
But I prefer to add some more factors which increases my probability to achieve the target.
In this analysis tutorial, we will learn that.
* After falling wedge pattern breakdown Stock momentum is exhaust near a good Support.
- Never Entered in ONE SIDED BREAKDOWN or BREAKOUT. Wait for the Next GOOD SUPPORT - RESISTANCE, Because one sided move Creates a Doubt( maybe its a TRAP for a RETAIL TRADER like us).
- ONE SIDED BO-BD can be a FAKE BO-BD ( In Mostly cases )
- And incase, If it's not a Fakeout - Fakedown, But a genuine one and we missed that - DON'T PANIC - Never entered in FOMO because this can spoil our RR.
- THIS STRATEGY IS A SOLUTION FOR ALL THE ABOVE SITUATIONS.
* And at that support( IN BIGGER TIME FRAME) I Found BULLISH DIVERGENCE.
- Divergence is basically a manipulation by a big players.
- In Bullish divergence with the help of some OSCILATTORS we see PRICE IS DECREASING but AVERAGE PRICE or STRENGTH or VOLUME is INCREASING. - {Opposite in BEARISH DIVERGENCE}
- But if there is not any SUPPORT - RESISTANCE - - - - - IGNORE THAT AND NEVER ENTER.
- Because WE FOLLOW ONLY&ONLY PRICE ACTION, Indicators is secondary.
- And basic principle of PRICE ACTION is - NEVER ENTERD WITHOUT A SUPPORT RESTISTANCE ZONE OR TRENDLINE SUPPPORT OR ZONE.
* When this stock Follows all rules of BULLISH DIVERGENCE I took a LONG ENTRY.
- COMMENT if you wants to know all the RULES of DIVERGENCE.
* Now chart pattern shows a signal of UPSIDE MOVE and our Divergence setup gives us a confirmation of that SO I ENTERED and ACHIEVED THE TARGET
I hope this is helpful for beginners and a good revision for a pro players.
DIVYA BIHARI DAS this side.
THANKYOU SO MUCH.
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Nifty is building up for buy Here i am back with a new idea on Nifty and you can see it has a Double bottom pattern that give you a uptrend but market trend is up so be it can be a buy and the target 1 is Rs.19115 and target 2 is Rs.19823 and rsi also indicate uptrend and my opinion is it will go up and also the target is too high that why it can be fail Hope you like this idea and pls like and follow me Good bye
tarde on our own risk bye
Comment Stock name which you want my analysis
Good bye.
Purvankara On a Bull or Not ?If Breaks Then The Targets can be Taken at 108.95 .
Time Frame :- 1 Day
Patterns Name :- Double Bottom
Symbol Name :- Purvankara Ltd
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Mahindra Logistics - DOUBLE BOTTOMMahindra Logistics - DOUBLE BOTTOM
NOW STOCK IN THE PERFECT SUPPORT ZONE, IF INDEX SUPPORTS IT WILL MOVE UPWARDS....
TARGET 715
Educational purpose ...
JUBLFOOD - Double Bottom breakout - SwingtradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Irctc should we go with this on a Bull Journey If Breaks Then The Targets can be Taken at 756.20 .
Time Frame :- 1Hour
Patterns Name :- Double Bottom
Symbol Name :- IRCTC ( Indian Railway Catering and Tourism Corporation )
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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HDFC AMC Technical Analysis Hello Guys , Today I Have The Technical Chart of HDFC AMC it is in the Double Bottom from a few days ago but now I think it will go Up because it has made a bullish signal after a very long bearish trend and now lets talk about the target . So its target could be 1812 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 hour
Patterns Name :- Double Bottom
Stock Name :- HDFC AMC
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
trendline breakout and double bottombuy above 4410 in intraday or swing trade
stoploss for swing trade daily candle close below 44250
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
SBILIFE - double bottom + breakout - Weekly chartThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
DR REDDY LAB IS READY TO GET A PUMP(Daily)Hi: Traders i am come back with a new idea as you can see chart of DR REDDY chart its a double bottom chart pattern and first traget is on Rs.4841
And second target is 5083 and stop loss is Rs.4268 so it can be buy and my opinion is it can be buy but after breakout bye take care bye i will see you on next idea.
Trade on your own risk
Bye bye
Gujrat Gas Ready To Break If Breaks Then The Targets can be Taken at 654 and 596 .
Time Frame :- 1 Day
Patterns Name :- Double Bottom
Symbol Name :- Gujrat Gas
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Alembic Ltd Double BottomIf Breaks Then The Targets can be Taken at 85.35 and 78.70 .
Time Frame :- 15 min
Patterns Name :- Double Bottom
Symbol Name :- Alembic ltd
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Dr Reddy Technical Analysis Hello Guys , Today I Have The Technical Chart of Dr Reddy it is in the Double Bottom from a few days ago but now I think it will go Up because it has made a bullish signal after a very long Bear trend and now lets talk about the target . So its target could be 5203 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 hour
Patterns Name :- Double Bottom
Stock Name :- Dr Reddy
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BUY JUBL FOODSJUBILIANT FOODS, 516, has given breakout from 21 ema with double bottom formation on daily charts. Buy for target of 632/660. Invalid below 498.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalKAJARIA CERAMICS
Stock on weekly chart after correcting from recent highs, now form double bottom pattern and now towards its Resistance Zone
Enter for swing trade only if breaks and sustains above 1075/1077 levels,
With SL of 1048 on closing basis.
Avoid setup if gapup open.
Also can be taken as Intraday trade, with entry and target set on 5min chart support/resistance.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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