Get started

Double Bottom

ITC CAN MAKE A RUN FOR 2501.ITC has given a breakout of it's parallel channel. 2.Double bottom breakout confirmed. 3.Howering above 200 ma. 4.RSI is bullish. 5.Above 33.2% fib level. Buy above - 229 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:ITCLong
by this_is_shoaib
2
Balajitele - Range Bound - Range BreakoutNSE:BALAJITELE BalajiTele View : Bullish Shortterm - Medium Term - Long term Structure : Range Bround Range Breakout: Traders can enter in the direction of a breakout from a trading range. To confirm the move is valid, Traders can use other indicators as per thier own wish. Observation: 1. Range Breakout @ 75.00 2. Double / Multiple Bottom 3. Multiple support between 57 -58 indicates Balajitele can break the Upper range. 4. Range broken at 75.00 CMP 77.00 (7th February 12.40) View: Buy between 75 - 78 Stop Loss: 69.75 for long term Target 83 - 89 - 92 - 96 - 95 - 100 + + + +
NSE:BALAJITELELong
by FalgunPrajapatiTrading
Only for study purpose ... Price was making a lower low from last weeks but finally, price one last low brokes out with a strong green candle also on daily time frame. Some reasons for taking the trade : 1. Price-making historic pattern means breaking out of the last lower low with a strong green candle. 2. Morning star is there with engulfing candle and also hammer which is known as rejection candle. 3. There is also a neckline breakout of the Double bottom. 4. Price rejected two times .618 level of Fibonacci retracement. (In pink line) SL and TGT's are as shown in the chart.
NSE:ITCLong
by pakharsangave
Bitcoin HazardThis looks a bit scary on the technical basis as you can clearly see an Double Bottom Pattern and that also on a Monthly timeframe so. Moreover you can see The Hilega Milega Indicator is also very bearish as its showing a bearish divergence which is really scary. It is slightly tense to look at the chart of BTC. However we have to see whether the price will follow its history or the Whales will beat the price action and take it to 1 million dollars till 2030 as per the ARK Survey.
BITSTAMP:BTCUSDShort
by vashishthviraaj
Nifty 27Jan'22: Possible Double Bottom on the intraday charts Another negative close from the Nifty benchmark index today – losing 173 points to post a close at 17,110. The day's loss could have been worse, but thanks to the banking and financial stocks, especially the public sector ones, which led to a phenomenal upward momentum leading to a decent bounce back for the Nifty index from its intraday low of 16,862. The underlying short-term trend of the index is down, and its the intermediate trend which is now vulnerable for a reversal. Many sectors like IT, Pharma and Media have already turned down on its intermediate timeframe and can be looked at as shorting opportunities. We have an early sign of a double bottom reversal pattern on the intraday charts of benchmark Nifty, and so this can lead to some bounce back, if at all, in the following few training sessions. However, that does not mean that strategically one should go aggressively bullish; on the other hand, one should be extra careful as the degree of underlying volatility is still exceptionally high. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul