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
It is moving towards a W formation on the daily chart . target1: breakout level after consoldiation target2: breakout level
as expected last week we saw eurusd breaking that huge H&S on the H4 chart resulting in a fast movment t now we see a continuation of the pattern 1- H&S target have not been achieved yet 2- We have a double bot formation on the daily 3- big buying sentiment next to the breakout level
Expecting a Breakout above 131 with nearest target 137 .
Double bottom breakout on daily chart. SL= 63 Target 1= 87 Target 2= 100
Great buy opportunity on EURGBP After a huge decline we finally start to see some indications of trend reversal - The price broke the lower tunnel trend - Price retested after breakout and seems to be holding - we see now a potential double top setup on he hourly time frame before it bounces back again and keeps raising TP1 range for short term trade buy...
Hello everyone, I am Kalpana Burman , this is my first trading idea on this platform. Please do like, follow and support me so that I can work harder and give better ideas to this community. Also, please feel free to engage in the comment section. Analysis:- As this stock has retraced at 61.8% from its low, this can act as strong resistance for the stock. For...
axis bank makes a double bottom in 4 hrs. neckline and penetration level mentioned. for swing trade.
Fundamentally Great Stock. One can start accumulating it. Wait for close above 150 level.
LEVELS AS MENTIONED FOR DOUBLE BOTTOM