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
Weekly chart of Britannia shows Double Bottom Reversal Pattern. This is one of the most reliable reversal chart patterns. Pivot is around 3798 and the stock has closed around this break out zone. The stock is expected to trade with positive bias and may challenge its previous high. On a daily time frame the stocks is quite extended from its 20 EMA. So gradually...
Double Bottom with Morning Star pattern formed on daily timeframe If if closes above today's high tomorrow then double bottom targets may be seen.
A double bottom pattern right at the base of the parallel channel along with a bullish divergence indicates upward continuation in the stock for the targets mentioned.
Rounding Bottom, Cup and Handle, Double Bottom all rolled into one chart on ITC (weekly basis). The depth of the cup is around 80. That means it should go till 240+80=320 once the breakout is achieved. Strategy: Buy levels:195-210 (due to recent Rs 5 Dividend). Hold till atleast 300. Time Frame:1-6 Months (Only for illustration purposes. No buy/sell advice.)
ICICIPRULIFE may break double bottom.
HINDUNILVR | At long time trendline support, very important level and looks W Pattern to my eyes. CMP : 2026 SL : 1930 Target : 2400 Almost 1:4 risk reward (P.S : Have shared atleast 110+ charts in tradingview community and i used to put a google spread sheet link where i have the records analytics i post with the live status. But due to tradingview rule they...
Perfect Double bottom pattern BHEL NEWS for receiving orders TECHNICALLY STRONG Bullish Fundamentally Supported