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...
USDJPY SPOT CMP 103.33 Double bottom formation with bullish divergence in RSI Good to go long in range 103-102.80 View gets neglected below 102.5 upside 104-104.5-105 possible Good long candidate.....
Buy Hdfc Life Near 668 to 671 area with stoploss of 648 Target 712 Study : Double bottom Breakout and now stock is trading Near Retesting level...
It Formed Double Bottom & 3 Yr Old Trend line Breakout !! Possible Target : 150 (HOLD ABOVE 135) Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
Price has formed a double bottom formation, close above 96.80 will confirm formation breakout for initial targets 102 and 110 and pattern target 131 DISC: VIEWS FOR LEARNING PURPOSE ONLY
Disclaimer: This is only for educational purpose. SunTv near crucial resistance zone. if break it can head towards 550+ zone, whereas RSI shows a long bearish divergence. We can see a small correction before or after breakout or consolidation before a significant move.
TCS has formed rounding double bottom, looks like it set to rally if it breaks neck line at 2840
Double bottom formation in IOC giving a strong signal of possible breakout. If breakout happens it can give some good long position.
PNB has given breakout ( double bottom pattern as well as long term trend line) on daily chart . This breakout is supported with huge volume . post breakout, it has tested the support and ready for fresh upmove. Minimum upisde should be about Rs 50 Disclaimer : for education purpose only
GAIL 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...
Suntv broken neckline of double bottom with volume and rsi above 60 on daily TF. Targets on chart...
HDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence CMP : 570 Target : 640 Stop loss : 540 1:7 risk reward setup :D
1. Price broke above the downtrend trendline and making higher lows. 2. Double Bottom confirmed as the neckline (494.20) broke with a huge volume. 3. RSI Divergence: Price making lower low but RSI making Higher High (see daily chart, low made on 14 Oct and 21 Oct 2020) 4. RSI in Harmony: Price making higher high but RSI making Higher High (see daily chart, ...