Positional Pick !! The Daily is completely bullish and now the stock is breaking out on Weekly Chart. Good fundamentals. Keep Accummulating.
Previous rejections area and neckline of double bottom. Breaking 313 level can be good upside move. Resistance turned into support and pushing price upwards.
All observations on chart. Stock is in bear market for many years. It formed a double bottom pattern, gave breakout with volumes & now there is a strong pullback. Double bottom is trend reversal pattern preceded by down move. After pattern breakout trend reverses to up-move. Location of pattern is important, such patterns workout superbly when such pattern is...
Double bottom chart pattern formed and given breakout. It can come to retest the levels..
NSE:CNXREALTY Nifty Realty Index extremely bullish. Breakout and beautiful retest. Inverse Head and Shoulder Pattern. Double Bottom Pattern. I would appreciate your thoughts on it. PS. - I am not SEBI registered. This is for analysis and educational purpose only.
The stock is showing interesting price action. From here on, wait for volumes to drop very low, or wait for the price to breach the short term upper resistance (whichever happens early), and then take entry. Price action explained on chart. Mkt Cap ~ 600Cr D/E ~ 0.1 SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of...
NSE:MOTHERSUMI This is for Positional Trade Mothersumi is forming double bottom pattern same like it did before. I have marked the formation of double bottom pattern and also the previous formation of it. You can take position once the neckline will get tested for support. And then it will be easy target of 35-40 points up move in just couple of days....
This stock has the superb fundamentals and looks very good on chart for swing trading. Double bottom formation is near to complete if it gives breakout. Majority of buying done in last few days. A good momentumeis expected any side, mostly up move as per price action patterns. This post is for information purpose only
Gillette, stock has not performed according to the monopoly it holds, now it is ready! Double bottom with volumes increasing near BO levels...targets for short term are mentioned. P.S - Delivery % is up 8times.
Buy Havells Stoploss 990 Target 1040 Demand and Supply Structure: Double Bottom pattern Breakout + Retest Structure
It is consolidating within a range (112-130) forming a textbook Flag pattern on D, W & M charts; also a Double Bottom in W charts can be seen. Short term targets are mentioned although it can be a great investment idea.
stock is falling from the day of listing..now looks like formed a base and double bottom pattern confirmed with breakout...
stock has formed base after fall on monthly timeframe..price has took double bottom which is a sign of bullish strength and breakout conformed the pattern
A Clean Double Bottom with stagnant volume, Aggressive can enter at cost without waiting for reversal with SL and Target as mentioned.
IOC NSE:IOC double bottom on daily chart and above 50 EMA Entry 107.95 SL 104.85 Target 112.2
Zee Entertain Ent NSE:ZEEL Formed double bottom on 4h candle chart and above 50 EMA Looks good for few quick bucks Entry : 217.1 Target : 227.6 SL : 209.65
The stock broke out of a 3yr rounding bottom on very high volume. Subsequently it came back to test the breakout zone, made a double bottom and consolidated for 8 weeks. Now it seems to have broken out of the consolidation, and looks ready to fly. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle /...
Hero moto is taking a good support at 2870-2880 levels & we can see a double bottom formation. From here its looking Bullish as we can see now it is going to crossover 200 EMA as well. I think 3050-3100 levels can be seen easily in July expiry. Volume profiles suggest a good buying levels from here.