#MINDTREE LTD Falling wedge pattern breakout & Double bottom pattern breakout on weekly time frame and also posted good quarterly results, good fundamental stock. wait for retest and good entry level.
Buy around 3575 to 3630
1st tgt : 4000
2nd tgt : 4480
3rd tgt : 5000.
Stoploss 3470 on day closing basis.
Disclaimer :
I am not sebi registered...
NSE:SUZLON has given double bottom breakout and as well is near breaking of its trendline, the trade can be taken after breaking of trendline for the given targets. RSI is showing bullish divergence as well. Will trendline be broken out?
NSE:APCOTEXIND is forming the double bottom formation. Here trade should be taken after the breakout. Will breakout occur?
Note - Breakout is very important for the pattern to be success.
This stock has been in a downtrend. Few days earlier, it has broken out of trend reversal double bottom pattern. Also retested the the neckline couple of times. In fact, both the times, it went below neckline and again came up with a huge volume. This clearly suggest that strong buyers are standing below that level. The stock is consolidating near it's downward...
If we take a look at weekly chart of ASAHI INDIA GLASS, it is going in smooth uptrend. In daily chart, it had formed double bottom pattern on weekly support trendline. After breaking out of this trend reversal pattern, the neckline was retested twice. While retesting the neckline, stock was forming pennant pattern in hourly chart. Today it came to apex point of...
Rallis India : Keep eyes on it
On the verge of W pattern Breakout after a visible Double bottom on charts.
Volumes Building up & stock has good Strength.
Nifty Level Upadate for Trading | END OF DAY CHART ANAlYSIS
Nifty has No Trend - Sidewise Market
Found Two Chart Pattern
Decending Triangle Chart Pattern
Double Bottem Chart Pattern
For Daily Nifty and banknifty Levles Search In Google - Trading With Manoj Shinde 27485
L&T infotech : double bottom breakout in progress. Momentum and trend bullish on all timeframes .
latest daily candle is open = low bullish pattern and likely to trend up.
stop loss could be close below breakout neckline. trailing could be done on daily trendline breach and close also could be indication
for short swing trades.
NSE:MOTHERSUMI
This is for Positional Trade
Mothersumi is forming double bottom pattern same like it did before.
I have marked the formation of double bottom pattern and also the previous formation of it.
You can take position once the neckline will get tested for support. And then it will be easy target of 35-40 points up move in just couple of days....
VEDL NSE:VEDL
Daily on 28/Jun/2021
double bottom strategy, bounced back from supply zone, closed above 20 EMA and near trend line
Entry 263.85 (with green candle confirmation)
SL 263.85-19.4 = 244.45 (SL based on ATR)
Target 287.9
(Risk and Reward ration 1.4)
V-Guard Breakout with huge volume bar. The ideal entry should be on a retest of the breakout area on Daily time frame. Levels and complete analysis is given on the chart. Trading at ATH now.
