Bullish double bottom pattern along with upside breakout in CIPLA, Add Cipla at 906 to 910 levels. Enter only if it retests, Trade with strict of stoploss of 880/875. Trade is risky as Head and shoulder pattern is also there but I believe It will trap more traders before going down. Also stock has given the breakout of 50 & 100 ema as well. Let's see Note: This...
SBIN make double bottom in 1hr timeframe... trade your plan, plan your trade..
Buy Naukri near 5000-5100, Stoploss 4720 Target 5975 Study: Double Bottom Breakout + Retest Structure
∘ W / Double Bottom Pattern Breakout & Retest ∘ Use pivots for Target 1 , 2 , 3
it has formed a double bottom on daily charts. it has taken support at 100DMA. 475 levels and resistance trendline could act as a resistance.
Few pointers about my analysis of VARUN BEVERAGES : 1.The stock has been in a continuous uptrend with lots of bullish continuation patterns ,which is good for healthy upward trend, higher the no. of valid patterns better it is. 2.The stock just broke out of an ascending triangle pattern , which is again is a continuation pattern. 3.Volume spurt : breakout...
Friends, I have explained everything in chart. PERIOD TO ACHIVE THE TARGET - 2 TO 3 MONTHS. Thanks, Indian Ox
Study Purpose Only Do your own Analysis Before Entering a Trade Amaraja Batteries looking Stronger in Daily Time Frame As it is Forming double Bottom Pattern after a long Bearish Trend
HidustanUnilever - The FMCG giant has given a good breakout from its major channel pattern . Stock was in tight upward channel range since approx past 2 years ( Sep 2019 ) and now it has finally given a good breakout from the channel. Another critical point was that there was a Sub pattern also , which was Double Bottom which is also a bullish pattern. We all...
Buy Deepak fertilizer at CMP 428 for target of 550, kept SL 420
Action const. equip Ltd. On Dailly candle this may form double bottom at the same time having RSI bullish Diversions too. According to my anylysis AT CMP 217.95 this is good for short term target 275
FRIENDS, DOUBLE BOTTOM FORMED IN DAILY TIME FRAME. OTHER DETAILS IN THE CHART. THANKS.
Details on Chart. Note: This is for study purpose only.
Possibility 1: As it seems to look like Inverted Head and Shoulder with Double Bottom. Why Double Bottom? As we can see consolidation after 12:15 PM, and ATR is also quite Weak. It might go down for previous Bottom of the chart. Then it will go up to test the Resistance 335.60 and come back to 335.60 and then will all power it'll break all the Resistance for the...
An Inverted Head and Shoulder pattern is in the making. Looking to ride the pattern.
SIEMENS IS READY FOR A BULL MOVE Trade idea- Double Bottom chart pattern. Price is above 50SMA, hence is trending BEARS tried to push the price down twice and failed. a beautiful support is take from 1924.65 and BULLS were aggresive enough to push the price back up FUNDAMENTALS: Dividend Yield 0.34 % ROCE11.4 % ROE 8.29 % Piotroski score 5.00 Graham...
Only 2 days are left for Ethereum's Hard Fork, this upgrade will be very critical for the Ethereum based dApps. Ethereum London Hard Fork popularly known as EIP-1559 Upgrade is scheduled to go live on August 6th. The upgrade is expected to reduce the gas fees being charged on transactions by implementing a base fee pricing mechanism that would dynamically change...
As per my last analysis, etherium has broken the 2400 resistance. The price pumped almost to the 2700 mark before falling down for a sharp correction. Meanwhile, you can see a double bottom pattern forming on the daily chart as well as the one hour chart. This signifies a major upward movement with a potential of breaking out the 2900 level which has been the...