just now Buying Opportunity seen in CUB after completion of double bottom pattern , the reversal seems to be confirmed from the demand zone as shown in the chart. RSI and MACD cross over favours the reversal . The SL and targets are as usual the demand and the supply zone. As this is an educational post , do message me the probable SL and Targets as a part of it....
Bartronics stocks now available in W Pattern. Target as well as how to move information available in chart.
Attached: BAJFINANCE/ NIFTY 50 Daily Chart as of 18th May 2023 A Double Bottom/ Inverted Head & Shoulder Pattern Breakout is Clear in this Chart Price is also moving in a Channelized/ Impulsive Manner And so it is Set the Measured Move Target indicated by the Up Arrow Similarly, on the Price Chart of Bajaj Finance, Price can head to 7400 as that is the Pattern...
Banknifty ( 13/07/2023 ) . For " long " entry: 4250 target: 45500 stoploss: 45000 . For " Short" entry: 45050 target: 44750 / 44500 stoploss: 45150 . enter only if market Breaks " No trade zone " . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Crude oil Future ( Next week Contract ) . For " long " entry: 5950 target: 5970 / 5990 stoploss: 5920 . For " Short" entry: 5900 target: 5855/ 5755 stoploss: 5935 . . enter only if market Breaks " No trade zone " . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below .
Bajaj Finserv has formed a Double Bottom pattern, while RSI is making higher lows which is clear sign of RSI Bullish Divergence. Entry: We can go long on open of next candle. Stoploss: (Never trade without a stoploss) We can keep stoploss below the double bottom support zone. Target: We can keep the Target 1 & Target 2 near the next resistance zones as marked...
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ICICI Securities given double bottom formation on chart breakout level is 577 if price sustain above 577 there will be more up side in stock you can place target up to 734 after This breakout level is resistance which will become support after breakout once it break 577 price will suddenly rise after it may be some profit booking for intraday traders those who...
BN opened at 43804 and then had a flattish price move till 13.00 after which it propelled forward like a rocket. Interestingly Finnifty's chart (which we will discuss shortly) had more thrust compared to BN & N50. The 470 pts rally we had from 13.05 to close was nothing short of remarkable. Initially the momentum was slow, but as soon as the short covering...
wait for conformation and retracement and go futher entry after : 1880 refer our old idea attached below midcap stocks are going to boom. long term investment; min 40% return huge potential is there. investment ; if you are intrested in investmet, go for it with small risk, more possibility is there for breakout. . . . . more than that " deepak nitrite " is...
According to the daily chart, UPL has formed a double bottom pattern near a significant support zone. Notably, while the price made a double bottom near the same level, the Relative Strength Index (RSI) recorded a higher low, indicating a bullish divergence in the RSI. Entry: We can go long after the close of a strong bullish candle near the support...
Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.
BHARATFORGE FUT made 3 diffrent patterns on daily charts; 1) Almost 2 months range beakout 2) Double Bottom confirmed breakout 3) Bullish Butterfly pattern breakout Could be bought with mentioned stoploss & target.
Grasim made double bottom pattern on an hourly charts & confirmed it today by breaking above previous highs. Could be bought with mentioned stoploss & target.
Asian Paints has formed W pattern on daily chart. We can take a swing trade here. Entry: We can go long after close of strong bullish candle near neckline of W pattern. Target: We can keep Target1, Target2 near the next resistance zones as marked on chart. Stoploss: We can keep stoploss below the neckline of W pattern. Please Like 👍 & Follow Me ✅.
NSE:KNRCON Analysis! KNRCON Analysis on Daily Timeframe! Double Bottom Pattern Formation in KNRCON! Neckline Breakout in KNRCON! Trend Reversal in KNRCON KNRCON has made Double Bottom Pattern on a daily timeframe. It has given neckline breakout but experienced high selling pressure around this level. We can observe the retesting is happening now.I...
Kitex Garments Ltd. The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend. The Double Bottom pattern has formed during a downtrend as the price reaches two distinct lows at roughly the same price level. Finally the price breaks upward above the highest high to...
BUY - LOKESH MACHINES CMP - Rs. 145 Target - 1: Rs. 210 Target - 2: Rs. 260 . . Technicals - Double Bottom BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!