Rattan Infra made double bottom with bullish divergence.
MY buy zone 312 to 315 sl below 310 target 327//336//355
Nicely formed double bottom pattern gave breakout and and trading decisively above the neckline. One can buy the stock now for a double bottom pattern target of approx 1900. which offers a reasonable Risk to Reward trade. RSI above 50 is also confirming the trade. Entry 1810 SL 1770 Target 1880 - 1900 Disclaimer : All ideas are my personnel view. Please take...
The stock seems to have reversing the downtrend. It has formed double bottom with higher RSI reading and now trading above the Neckline. It is offering a good Risk to Reward trade as details given below Entry 221 SL 212 Target 250 - 253 - 259 RR Ratio : 3 RSI is also confirming the trade decsion. Disclaimer : All ideas are my personnel view. Please take...
Wait for the neckline breakout.
DOUBLE BOTTOM BREAOUT ON THE VERGE IN BEML WAIT FOR IT NOVEMBER FUTURES BUY@640 STOP@620 TARGET@700 LOT:500 QTY:2
BREAKOUT OF DOUBLE BOTTOM PATTERN IN ESCORTS NOVEMBER FUTURES BUY@675 STOP@660 TARGET@720 LOT:1100 QTY:1
Double bottom formed at 420. Neckline at 520 around. Big Surge in volume today in the candles testing the breakout level. (Confirmation) Buy @500 SL 465 Target 545/570/590+
POSITIONAL TRADE IN APOLLO TYRES NOVEMBER FUTURES CLEAR DOUBLE BOTTOM FORMATION VOLUME PICTURE NOT SHARED BUY@215 STOP@200 TARGET@250-60 QTY:3000 IF FEARING THE FALL CHOOSE OPTIONS BUY 240 CE@2 TGT @8 QTY:3000
1. Double bottom (W) has formed 2. Bullish divergence
BUY BATA INDIA ABOVE 950 FOR TARGETS 960/970/980 SL 926
SWING TRADE IN LUPIN DOUBLE BOTTOM BREAKOUT OCT FUTURES BUY@885 STOP@870 TARGET@920 LOT:700 QTY:1
SWING TRADE IN EIL OCTOBER FUTURES DOUBLE BOTTOM BUY@110 STOP@105 TARGET@117.5 LOT:3500 QTY:1
Bank Nifty has created double bottom on hourly charts. One can long bank nifty with target and stop loss suggested on the charts. Trailing stop loss should be followed if target hits as bank nifty also looks oversold so a technical bounce back is expected. If anyone interested in more such fundamental and technical calls please visit our website wp.me
Indicators are showing reversal. Daily Bandbollinger narrow range,PASR turns positive,CCI crossover,weeklly PSAR turns positive and others. That will lead to achieve the target on coming days. Pattern wise, Parallel line breakout, Inv.Head and shoulder and Double bottom are going on. Refer chart for Target and stoploss details. Vijayaraghavan.K, Kovilpatti.
1. ENTRY : Closing Above 1126.70 ( Closing above the Neckline ) 2. Minimum Price Target : 1350 ( Adding the difference between highest high made and lowest low during the formation to The Neckline ) 3. Stop loss : 900 (Usually, price closing below the second bottom is a stop-loss.) Only Problem While treading Double Bottom is it's having a 1:1 Risk...
1. ENTRY : 86.15 ( Closing above the neckline ) 2. Minimum Price Target : 102.80 ( Adding the difference between highest high made and lowest low during the formation to The Neckline ) 3. Stop loss : 70 (Usually, price closing below the second bottom is a stop-loss.)