Double Bottom
$JKLAKSHMI - Clear breakout from is All time High- JKLAKSHI - Breakout from its all time high
- Formation of complex double bottom pattern
- Increase in Volumes during bullish phase
- Breakout with huge momentum candlestick
- Entry after a retest at 580-585
#HDFCBANK Double Bottom & channel Breakout.#HDFCBANK The last few weeks, HDFC bank has been trading inside the channel and within the channel, we can clearly see that it formed a double bottom pattern. It has broken the channel and even re-tested the neckline of the double bottom and is now super bullish. The buyers will be dominating the next few days.
Educational purpose only - Trade at your own risk.
Good luck.
Double Bottom / Cup & Handle breakout OpportunityGrasim is on the verge of breaking of from a formation that can be considered as Double Bottom as well as a Cup & Handle. It's around the neckline if we consider it as C&H and the following on the last few green days is additional confirmation that this can give a good, successful breakout.
15 min chart NSE:BPCL ,LONGDOUBLE BOTTOM pattern formation in process
what are your views , very active stock keep on radar
Once again.......AUDCAD seems to be bullish as it has given a bullish breakout by breaking T3 while making a W or double bottom pattern.
One may enter in it now with stop loss below.
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Entry For Those Who Missed The RALLY !Traders, I posted about the sleeping giant before at around 752 and stock has given 12% return after that. Now stock is giving one more chance for those who missed the rally, after the breakout from double bottom pattern it is now retesting. This can be good risk:reward trade considering big targets and so small Stop Loss.
Heromoto Consolidation at support and bouncingHeromotocorp is leading brand of two-wheelers in India with most loved Splendour variants. It has bottomed out and made double Bottom pattern on daily and weekly chart. Buy with SL of 2750 for Targets 3300, 3400, 3500++ Time frame 2-3 months minimum..
(Disclaimr: Do your own analysis. I am not SEBI-registered)
All eyes on BitcoinBINANCE:BTCUSDT had started to crash from 12 May, 2021 and has been in downtrend. At this moment, we can see that it has crafted a W pattern or double bottom pattern and has given us a bullish breakout by breaking Trendline T1.
One may initiate a long position in it with a stop loss below 31000.
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BTC LONG 40k TARGET if volume supportUusally volumes are low on the WEEKENDS, if volume is good then target mentioned
Buy Hdfc BankBuy Hdfc Bank near 1430-1435 Stoploss 1400 Target 1480
Study: Double Bottom Breakout and Retest Structure
Buy Bank NiftyBuy Bank Nifty near 33300 Stoploss 32800 Target 34000 and more
Study: Double Bottom Breakout and Retest Structure
Buy ICICI Bank Buy ICICI Bank near 617 Stoploss 607 Target 630
Study: Double Bottom Breakout and Retest Structure
M&M swing trade ideaPrice has given a very strong breakout above the descending trend line and 50 ema with huge volume. A double bottom pattern has also been formed. MACD and stochastic RSI are signaling buy.
Breakout in Pidilite IndustriesGo long on Pidilite Industries on and above 1892 for which targets are mentioned on chart
TRIANGLE + DOUBLE BOTTOM POWER !I posted about berger paints few days back, those who followed must have booked some parts of their profits till now. But those who missed opportunity can now trade double bottom pattern which is also a bullish pattern.
My suggestion is buy only above 771 or 772. This is multi-pattern formation and both the patterns indicates bullish sign. How you all liked my analysis this is only for educational purpose , all feedback are welcome.
Channel Pattern BreakoutDouble bottom at support level and channel pattern breakout on 15 minutes chart.
ZEEL breakout Trendline support more than 4th time in weekly timeframe
Failed to form lower low
Trendline breakout
Double Bottom
Good buying range above 203 with a candle close
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Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
