Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Yesterday’s W pattern is no longer valid as today’s action has nullified it. Our stance continues to be neutral with a slight inclination to the bearish side. It seems like FIIs are not done unwinding their positions — the run-up to the Budget 2024 looks interesting.” 4mts chart Two major things stand...
NBCC (1D TF) Swing Trade Analysis given on 30th November, 2023 (Friday) Pattern: DOUBLE BOTTOM - Neckline Breakout - Done ✓ - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #nbcc
UADT.D formed double bottom and crossed trendline which clearly shows bullish breakout. so bitcoin and altcoins will bleed for some time.
MUNJALSHOW 1) Time Frame - Weekly. 2) Long Term downtrend breakout happened on June, 2023 and the stock has been consolidating since june 2023 & gave a double bottom pattern breakout with strong bullish candle & good volume. 3) The next target would be its life time high in the long term (313 - 63%). 4) Recommendation - Strong Buy
It is forming Double bottom on 1hr and 4hr with harmonics we can plan for new highs. I'm in buys and its great RR trade for me
APEX FROZEN FOODS :Has formed a nice double bottom pattern. 10DEMA Crossover above 20DEMA,50 DEMAa possible move towards in weekly chart suggests a move towards 290-300 upon sustaining about its neckline breakout levels of 270 For educational purpose only. Your likes and feedback would motivate me to post more views. Happy Trading
PALREDTEC:Likely Double bottom b/out.Has formed a double bottom breakout in long term weekly charts.Shows possibilities for a breakout above 210 towards 230-/240/250 (For educational purpose only)
Certainly, let's replace the currency symbol with Indian Rupees (INR) in the analysis: ### Technical Analysis: #### 1. W Pattern - Double Bottom: The W pattern is a bullish reversal pattern that resembles the letter "W" and signifies a potential reversal of a downtrend. The double bottom within the W pattern is a positive indicator. #### 2. Breakout of...
A cup & handle Breakout in conjunction with Triangle Pattern Breakout Retest is pending for the triangle pattern breakout. Hindalco is moving based on the support line support for long. Waiting for a retest to enter with SL below closing of the support TL One can enter now as well with 50 % qty just not to miss the trend for targets of 510/550/630. DISC: Only...
HDFCLife formed a double bottom and created a bullish engulfing candle on daily time frame on 4th Jan. The stock is trading near demand zone and if holds these levels, we expect to see a good upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
1. Set up: Double bottom 2. Price trading at 75% discount (pullback) 3. RR 1:5+
Refer our old idea attached below. . Midcap stocks are going to boom. long term investment; min 40% return. huge potential is there. investment ; Wait for retracement. if you are interested in investment, go for it with small risk, . . . more than that " Deepak Nitrite " is fundamentally good. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on...
The stock is slowly gaining positive momentum on the daily & Weekly charts. It has formed the double bottom on daily charts. RSI is in bullish trend on daily and weekly charts. On moving average front 20 DEMA has crossover 100 DEMA. One can made trade at CMP with SL 7200 and Target 8000.
Voltas can be a good and relatively safe pick for medium term positional trading. Try to enter around 780 levels with a SL of below 740 DCB for minimum target of 920.
USDT.D formed bullish shark and waiting for double bottom which conforms support then it pumps which leads BTC and Alts bleed for sometime
EID Parry has made double bottom after about a year of consolidation. Now it is ready to give a breakout which will break its lower-high pattern and give a boost for new highs. Stock has seen good volumes during past a few weeks, giving confidence for a breakout soon. CMP: 565 Breakout level : Today's high (579) SL: 560 Targets : 540 / 700 Disclaimer: I'm not...
Right time to invest. fundamentally good. . Entry:425 target:435 / 459 / 531 stoploss: 415 major stoploss/ support: 399 . . Enter conservatively after "425" . IT stocks are going to boom. long term investment; min 20% return. huge potential is there. Long term holding ; if you are interested in invest NOW, go for it with small risk, . . . . more than that ...
On the verge of Double bottom breakout for the target of 918, 970. Weekly candle close above 770 is needed before entrying. Note: This is for educational purpose only.