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.
Buy Bank Nifty.. add near 34700 Stoploss 34300 Target 35500 Study: Double Bottom Breakout
LICHSGFIN | Double bottom with RSI divergence (W pattern) for 8% to 15% (2 Hours time frame) CMP : 466 (Dip : 459) SL : 450 Target : 506, 535 Almost 1:4+ risk reward setup This is a small seperate trade, old weekly chart is still good for long time. Consider this as a seperate new trade
Bullish Structure is building in TCS , In short term we can see a good upmove and it will be forming its new all time high in coming day , Risk Reward is favourable at CMP .
IN JAMMU & KASHMIR BANK, i see a formation of double bottom pattern and a breakout with really good volumes i personally bought the stock @ 25 hoping for a target upto 44
Dhampur Sugar is putting up a double bottom formation on the monthly chart.. Currently the price is at around the neckline. The PA on the lower timeframe can be observed for decisions around Trade Initiation.
Reliance has broken its double bottom neckline at 1207 & passed in retest now. Looks good for a long trade.
Chart is self explanator, Can add near 390-395 levels for swing trades. Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
Ethereum is one of the most accumulated and stored cryptocurrency in the world. Ethereum is always a hot cake and now it is showing the signal with respective to technical analysis that it is about to pump .
The resistance zone has been quite strong for icici bank, can possibly act as support now after breaking out. If the formation of double bottom is completed and it breaks the trendline, high probability of reversal. The levels of 630-635 are being defended by the buyers. It is a confluence of multiple supports coming in. The breakout if happens should nullify the...
As you see the price it is struck inside the rectangular darvax box pattern as same as Nifty IT index. Nifty IT index has made breakout the resistance and hit ATH, the same way we are expecting the HCL also break the upper resistance and enter into uncharted territory soon