KIRIINDUS | Double bottom / W structure - 30% CMP : 464 (Dip 450, 440) SL : 400 Target : 615 Normally i dont time the market, but this setup looks we can expect result in 5-8 weeks Almost 1:4 risk reward setup
The stock is in consolidation phase, where a swing trade setup is been spotted on the daily chart. The price action firstly made a double bottom on the previous support indicating buyers strong hold on that price range, indicative of buyers buying at support again to swing the prices up. Hence providing a low risk swing trade setup on daily chart. T1- 950 I SL -...
IT Index is in full swing again. After a success in Mindtree now I am bullish on Tech Mahindra for a swing Trade. Don't Miss at these levels, ready to fire. HCL Tech is also looking good for Swing Trade Feel free to share your feedback and queries. Do check my profile for previous posts and follow me for upcoming ones.
double bottom pattern entry @6878 target 1 - 7785 target 2 - 8347 short term 13% ( 1month) for target 1
There is the double bottom in the BLS buying above 135 could be a good
- 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 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...
Grasim 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.
DOUBLE BOTTOM pattern formation in process what are your views , very active stock keep on radar
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. Like & Follow for new updates.
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.
Heromotocorp 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)
BINANCE: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. Like & Follow for new updates.
RELIANCE : Double Bottom Formation Wait for Breakout
HI... u know see the chart and then u figure it out ,And just wait for the rejection .
Uusally volumes are low on the WEEKENDS, if volume is good then target mentioned
Buy Hdfc Bank near 1430-1435 Stoploss 1400 Target 1480 Study: Double Bottom Breakout and Retest Structure
Buy Bank Nifty near 33300 Stoploss 32800 Target 34000 and more Study: Double Bottom Breakout and Retest Structure