Double Bottom
Double bottomThere is a chances of double bottom yes bank. Because there is a triangle pattern broken below and it's target approx 28
Buy yes bank at 28-31
Target 60
Titan go long in buy option and wait 3 days only...price actionAs clear double bottom base formed ...Triangle breakout is clear ...channel breakout is clear......
Go long and keep for 3 days max in between can book profit.....high probability trade
BUY AXIS BANKBUY AXIS BANK IF IT BREAKS AND CLOSES ABOVE 757 ON WEEKLY CHARTS. TARGET: 807 SOPLOSS: BELOW 757 CLOSING ON WEEKLY CHARTS
TATA STEELAfter making a double bottom it is now attempting to complete the Bullish Harmonic Dragon Pattern which suggests levels of 490 and 575. The view would go wrong if it sustains below 420. Double confirmation is weekly close above 440
NCC BullishFake Double bottom for NCC and RSI Bullish Divergence
BUY NCC @ 52.30
TGT1: 55.10
TGT2: 57.90
SL: 49.55
Double Bottom (Volume Confirmation)M&M looks good for investment (buy on dips). Targets and SL mentioned in Chart.
Castrol Bullish - Trendline Breakout, Double Bottom, Bullish DivBuy Immediately with Stop Loss of 141, Trend-line Breakout along with double bottom formation, also Bullish Divergence
Expiry strategy: Sell 230 Put >1. Stock tumbled from 310 level to 235 levels in the last 5 weeks.
Recently, it witnessed sharp bounce back from low around 235 by following a reversal double bottom pattern with volume. MACD also confirms the reversal.
Any fall could invite fresh buying in this stock. Expect the stock to expire above 230 level in Oct series. Lot size:2400
Double Bottom and Head & Should Double Bottom and Head & Should , wait for the confirmation and use the swing to buy
Crude Oil Long position opportunityThere is a double bottom formation in the Crude oil weekly time frame , if the price closes above the entry point indicated in the chart we can take a long position with expected target indicated
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
HDFC Bank form Bullish W or Double Bottom PatternHi Traders,
HDFC Bank Forming Bullish W or Double Bottom Pattern can go Long on every dip.
Bullish View on stock due to below point:
1) Stock forming Bullish W Pattern .
2) Stock was taken support at 2150-2160 zone & bounce with Good volume [ Avg volume greater than 20 day ].
3) Bounce happen from support was Big Green Candle
4) Stock Moved above 200 sma (Golden Crossover) mean stock is in bullish zone.
What indicator are suggesting:
1) RSI moved above 50 & Advance breakout from previous high which mean bullish in near term.(See the chart)
2) On Balance Volume has given Advance Breakout .(See the chart)
Happy Learning );
Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
Trend reversal in USDINR Buy Both cypher pattern and double bottom conforming the uptrend, target is next monthly resistance.
Bullish divergence: Possible reversal in Natural GasOn the daily time frame, a bullish divergence can be seen as well as a possible double bottom has formed.
Double Bottom Reversal The stock has nicely formed the double bottom reversal pattern so one can expect that the long term downtrend has been reversed for time being. It has retested the neckline yesterday and bounced from that level. One can buy the stock now with the SL of low of today and continue with the trade for the target of 472. It offers a good Risk to Reward ratio of 3.50.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Double Bottom Formation in SUNPHARMA , Long Position opportunityThere is a double bottom formation in SUNPHARMA , we can go for long position with target mentioned in the chart , stop loss might be quite high as we catched the pattern at mid stage
The optimal stop loss would be 363.5
Will Nifty form double bottom by hitting level @ 11111 ?Note: this analysis not for intraday..
As per my analysis nifty perfectly hit the support, which was act as an resistance previously..
if it breaks in 1 or 2 days it will go to the next target level and form double bottom @ 11111.......
Not big difference only 308 points more ... In current situation nifty will easily hit this target... currently closed @ 11419.....
Since this is day chart time frame this target will reach minimum 1 week...
Let’s see in coming week....
t.me
YouTube :
www.youtube.com
Cyclic double bottomThis for educational purpose.. double bottom.... Target neckline perfectly achieved....
