Price is forming double top resistance. Buy above 17680 with the stop loss of 17640 for the targets 17720, 17760 and 17800. Trend deciding level is 17720. Sell below 17580 with the stop loss of 17620 for the targets 17540, 17500 and 17460.
its very good opportunity on coal india that will break and will give good profit. its double bottom pattern
CRUDEOIL - MCX Study on Daily Chart 1. M- Pattern 2. Inverted Head and Shoulder Pattern This chart is only for educational purpose . Do your own study before taking any trades
We can enter long position on the trend line breakout with bullish candle. We can expect target at around next resistance zone. Stoploss at swing low. Please Like and Follow me.
Price is forming a triple top pattern with a top of 219-220. Looking at the option chain 220 CE of 25 Jan expiry, trading at Rs 1.75 has the highest open interest. Hence 222 is an important level. Overall it is in a crucial zone.
NSE:BERGEPAINT As per the price action, its created a W- Double bottom and it will go up before hitting the top slanting trendline
# PNB Bank after a continous fall has consolidated for nearly 02 years. # Stock has formed a double bottom pattern on the monthly chart. # Does not good on fundamental. But certainly there is an improvement. # CMP- 54, Immediate resistance is at around 66-68 and support at 26.
COFORGE forming rounding bottom at lower end of IT sector and stock about to reverse from 0.5 to 0.68 FIB retracement, This can touch more than 4280 when break neck line of rounding bottom pattern. This also form double bottom at lower end which confirm uptrend.
NIFTY 50 Analysis based on Elliot Wave Theory 1) 5-April-2022 to 17-June-2022: NIFTY 50 formed a 5-wave bearish impulse wave down from 18,100 to 15,175 2) 19-June-2022 to 13-Sept-2022: NIFTY 50 formed a 5-wave bullish impulse wave up from 15,175 to 18,075 3) 18-Aug-2022 to 13-Sept-2022: Waves (4) and (5) of the 5-wave bullish impulse wave were also the...
WESTLIFE:- Double bottom pattern has been formed, if the breakout together sustains the upper side, then you can plan something. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check...
COFORGE W pattern is about to break can look for tp of 4691 with 1:1 risk reward ratio only for long term
Reliance has broken the support were it made double bottom last week on daily timeframe. We can short reliance around 2471. Target at the next support zone which is at 2285. Stoploss will be at the high of breakdown candle at 2536.
📊 Script: HINDCOPPER (HINDUSTAN COPPER LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY METAL 📊 Sector: Commodities Metals & Mining 📊 Industry: Non - Ferrous Metals Copper Time Frame - Daily Script is forming Double Bottom Pattern as shown in a chart. Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of...
--------------------------------------DISCLIMER-------------------------------------------------- * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex,...
Bitcoin is making a double top on 15m/1h time frame.It is retesting now, and if there, a highvolume breakout happens, then a short trade can be initiated for further support.keep an eye on this.
Double Bottom(W) #Breakout under the parallel channel at the #GSPL(Gujarat State Petronet Ltd) weekly chart It outperformed both the #Nifty and its peers in the sector over the last 123 trading sessions. BSE: 532702 NSE : GSPL What Is a Double Bottom? A #doublebottom #pattern is a technical analysis charting pattern that describes a change in trend and a...
can this be good one?? if it break support good opportunity for this trade. Double top pattern / M pattern. 100% sure it will give good profit on this. Take it review and comment your view on this.. thanks
While NSE:NIFTY has made new low as compared to Dec 22. NSE:CNXMETAL Index has not broken the Dec 22 lows. This Inter Market Divergence again signalling strength in Broad Market stocks. Historically it leads to Bullish trend reversal.