Breakout Levels Mentioned on chart ! This is only for educational purpose.
buy above 508 target and levels on chart.
with small sl of 187 you can watch long.....double bottom formation plus RSI positive diversion after neckline breakout can give good movements on positional basis.
Vikram Thermo (India) Ltd: A Momentum Trade. Can enter at INR 109.20 if breaches with volumes. SL at INR 104. High volumes are observed weekly basis. Watchlised for now.
Intraday Reliance Sell ~ 2020, Stop ~ 2040, Target ~ 1960
Profits will stick to those who stick to Pidilite. Afterall, the company manufactures Fevicol!. The Price action has an almost perfect setup for going long - double bottom, consolidation, a nice rejection candle with a long tail. Technical indicators are positive too - RSI Bullish Divergence among other indications. The blue horizontal lines are Gann Levels -...
Bhartiartl make double bottom pattern in 30 min chart so you can add in your Buy Watchlist.
Weekly charts looks all set to form double bottom and if 21240 level breaks, we can easily see 2000+ points rally upwards.
Sell Intraday ~ 386, 387, Stop ~ 394, Target ~ 360
Double bottom formation is very bulish pattern and looking at market conditions it will surely workout. one can go long after the breakout of accumulation zone.
1) Long on Break of 425 2) Short on break of trend line and rejection of 425 levels
HDFC Life Insurance on the verge of breaking out from Cup and Handle Formation. Disclaimer: Sharing Ideas for educational purpose. Trade at your own risk.
Looking at the fall in NIFTY today, which was quite predictable. it looks like this can be a trend to create a W pattern or a Double bottom. To finish this pattern NIFTY might come down in coming 1-2 weeks, that's up to 31st March, 2020. Once the double bottom is completed, we can see a great rise in the Indian Market. Lets hope for the best.
ACC has formed a double bottom pattern at 1175 and also broken trendline on Friday. If tomorrow ACC and Nifty open on a positive note then ACC can go till 1210 and even touch 1240 if sentiments are highly positive for the coming 2-3 days. Also, watch out for support and resistance levels you can plan breakout trades if these levels are broken. Please Note - All...
NTPC is now breaking out of the Neckline of the W Bottom Pattern, is a good buy for Positional Trade. CMP - 90.5, Target should be 96/100 soon