Eicher motors has fallen from its high by about 20% and we may be looking at a double bottom reversal as it rests on the 200EMA. According to option chain data, 3100 is a strong support. According to Multi strike OI, calls graph is falling which shows a bullish Singal and puts graph is rising which shows an even more bullish signal. Targets of T1 and T2 with...
Double bottom pattern + Trend line break out Buy above 350 Sl below 320 Target 420 , 510
It has formed a text book double bottom pattern with good momentum and volumes. IT sector is looking bullish in coming months. However it will be weak below 3750. Disclaimer: Educational post and not a buy/sell recommendation. Please do your own studies.
NSE:SPANDANA Price Action : Twizzers Bottorm - Bullish Engulf RSI: BULLISH DIVERGENCE Pattern : Double/Multiple Bottom Probability to break Green Trendline Observation: Buy with Given Target. Trendline breakout will be the Long opportunity for given Target Buy: @ 343.5 - 370 Stoploss : 330 Target : 390 - 408- 440 - 484- 500 - 510 + + + + + + + + +...
Havells has formed a nice double bottom.Today it has come out of Double bottom pattern also it has broken the resistance zone- so higher levels are expected going forward. The length of bottom is quite high - and it exceeds the ATH of HAVELLS if projected upwards - so our R:R will be low in this case. Entry - 1348-1350 Target - 1486 SL - 1200 Though R:R is...
buy at 130 trg 5% , 10 % , 15% sl in paid IF YOU LIKE MY IDEA …PLEASE .FOLLOW ME Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
Positional Pick Keep Accumulating for 3300-3500 levels
Don't Miss at these levels for targets of 5500-6000 Positional as well as Investment Pick
Double bottom or W pattern has formed .These both are reversal patterns so nifty is expected to move up from here. We can wait for little retracement then buy. Disc:Only for educational purposes
NSE:ESTER 10 Month Long Consolidation in range of 125-150 since April 2021. Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high. Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down. Accumulate b/w 136 - 120 as Stock will gain more strength above 140 Targets : 162 - 180...
double bottom in nifty with a breakout in 15 minutes
NSE:CENTURYTEX has broken out range with good volume and has now retested the breakout level. The downside candles are narrow with less volumes indicating that bears are weak and bulls will take over. The Risk Reward is excellent at CMP. DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper...
CMP- 2828 SL-2700 - 2730 (on closing basis) Target - 3200, 3500 30/7/21 - Market structure negative making LH - LL - Key level of support around 2700-2800 -Trading below all EMA's - Fib retracement 0.38 zone - Can se potential W pattern if price holds 2700 levels - Price is near area of value - Making a double bottom like pattern in the week Keep strict SL to...
Maruti looking good on charts breaked out of falling wedge by making a good price action currently in a range Breaking & sustaining above this range , Could take stock further upside Keep an eye on it DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
- Fundamentally strong company - Breakout from a consolidated range showing a double bottom pattern - Buying pressure indicated by the long lower wicks - Breakout is supported by volumes, however it seems there is huge selling at 2130-2170 range but the net price change on the day is still +ve - Don't chase the stock as it might correct a bit and a good entry can...
One can intitate Buy position in BIOCON with target of 424.40 and 485.55