Double Top or Bottom

If Butterfly turns into cipher- spelling mistake. Time to open your dictionary & add a new word in your vocab list. Who cares about the spelling mistake & who cares about the doosra (cricket term) till the time they give you results. There is a bearish cypher in the range 425-427 zone & will it confuse to make you clean-bowled like doosra - well I don't know till ...

Double Bottom pattern break above 1255 on monthly time frame .

It is been observed that the price action is consolidating at the bottom in a broadening wedge pattern. It is at the make it or break it situation. It has good support at 310 levels and then 290 levels. Currently, at a look risk and high potential profit scenario. Now, today's closing shall matter a lot. Target 1: 322 Target 2: 330 Stoploss: 310

1st Innings Head & shoulder breakout + confirmed by double top@73.50 gave the push upside & turned from 77 highs which was shy of 1-2 points from 79-80 -closing last trading day at 71.50 levels. Price has pulled back to the neckline which can give another opportunity to bulls & this time if it surpasses 79-80 zone then it attempts 88-90 zone next. Once it ...

Double Top - Support Line - Gap Up area Which one do you want to Play???

Simplest trade setup, Double Bottom & RSI divergence so logically upside.

DIJ Outlook: Dow Jones 30 can sell at this level with a 1 hour confirmations at below 21840 with Target-11690-700 level and stop-11888 level

DishTv Outlook: DishTv can brought only if 1 hour price close above 74 level with Target-75/76/77, Stop-73.30 or break out candle low.

Nifty hourly chart clearly made double top and broke the neckline. It seems that downtrend is not yet over and we may see even lower level in coming days. I would observe 9966 - 9990 price Zone and short there on weakness anticipating the 5th wave to work for a good risk to reward trade.

at support

Everything Explained on the chart

Rounded top pattern from double bottom usually results in downward bearish (continuous) trend however %william showing uptrend from oversold situation Targets defined in chart for both bullish and bearish trend (short) after gaining momentum from neckline levels.. SL can be taken as per risk appetite

details in chart.

Last Price@160 PNB on fire with the cypher right at the bottom@157 where we booked partial profits yesterday in 2nd downside target. Target -164 - 176+ Trading Plan Moving above 158.50 -159 it will show its way for upside & we got an opportunity back again with volatile action close to 157-158 just within last hour of trading protecting 156 on downside. We are ...

Tomorrow being RBI day its usual for Nifty to give only scalping trade chances. We slightly have a different view from yesterdays but still in-line with what we are expecting with Nifty.On lower timeframe's scalping chances will arise whether its move till 10110 or on bearish reversal with formation of double-top. Be conservative on the formation of double-top ...

RSI divergence observed in the chart. It's purely RSI trade. So if it fits into your trade plan take your trade. Sell near to 1480-1483 Target 1440 Stoploss 1488. And also note that double top observed.

On weekly chart Airtel look positive on my view and short of double bottom can be seen on chart which also have a good break out clearly, I think target area around 460-465 with stop 362-365 and good entry position approx 395-406 area. I will hold this positions for 1-2 months.

double bottom formed after a long downtrend, price broke the neckline and pattern got confirmed, and then price retested the broken neck line and reversed also hidden bullish divergence is seen in weekly. https://in.tradingview.com/x/hYgeq2NE/ sl - 65 pattern tgt - 108