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Double Bottom

IDBI Double Bottom + Channel support for Mean reversion - SwingNSE:IDBI Levels already mentioned.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions.. 4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks.
NSE:IDBILong
by tradingrhythm1
sunpharma +Month frame = magic of patience I am biased may be so take positions according to own study on month frame stock now formed a base at 440/480 area this will be acting as ROCK SUPPORT in any big fall if comes the stock seems amazing now on higher frames and is good to get in area 540 to 580 for expected target 640/665 (time required could be upto march .. above 685 the stock likely to give moves upto 850 (this is my personal feeling that could be due to results ) , am a buyer as long as stock is above 520 level (trading wise sl)
NSE:SUNPHARMALong
by pratik2358
6
GAIL INDIA LTD- W PatternGAIL India Ltd daily chart shows a beautiful W pattern. It is likely to follow the W pattern. The dotted lines shows the probability of the movement. If everything falls in place, it might complete the W pattern. A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. The double bottom looks like the letter "W". Can go long with trailing stop loss. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
NSE:GAILLong
by Vishakha_Nanavaty
2