Double Top or Bottom

Pls see the chart. Wedge pattern breakout given on the chart for that target 1&2 given. Double bottom will confirm, when it breaks the 913 levls for that target given on the chart. Weekly MACD cut and daily MACD crossover helps to reach the target and weekly low RSI and CCI helps to reach the mid term target. Vijayaraghavan Kovilpatti.

Refer chart. Double top formation going on.. Vijayaraghavan, Kovilpatti

Completed Double Bottom Reversal pattern is suggesting that downtrend is over for time being and prices can go up now. RSI is above 50 also confirming the decision of going long. It has given breakout and retested the pattern neckline today. All these make it a ripe trade setup for going long in the stock by providing a reasonable Stop Loss. Disclaimer : All ...

The stock is in down trend but recently it is showing the strength and have refused to make further lower low. There is a good possibility of entering a long trade now for a target of 550 - 575. RSI has came out of oversold Zone and is around 50 confirming the decision. One can buy now or put the stock into their watch list and trade accordingly. Defensive trader ...

Refer chart. Indicators may turn positive side on upcoming days. Vijayaraghavan, Kovilpatti.

Price action has taken support at 10500 - 10520 levels. On breaking the resistance at 10560, it will move towards 10620, 10660 and 10680.

Pls see the chart. Double top formation going on in 1 hr chart based on double top 1060 is support level. Based on triangle, support line mentioned in chart. Choose which one is prefer to you. Both breakdown gives the same target. Vijayaraghavan, Kovilpatti.

everything on chRT

133.00 is the key resistance which can be seen on Daily chart. A double top was formed during the past two days trading session. Price has since trying it's last push higher. I am anticipating a triple top to form, press the price lower. My position : Entry : 132.65 SL : 133.15 TP : 131.90 ** This is not a Buy/Sell recommendation **' ** Please do your own ...

I would place buy order at 228.... Target would be 465...

Pls see the chart for target and stoploss. Indicators are slightly turns positive. Vijayaraghavan, Kovilpatti.

Price action has taken support. Buy above 216 with the stop loss of 213. Targets are 220, 224 and 228.

Price action has formed triple bottom. The level 272 - 278 plays an important role in deciding the trend direction.

I've seen nice big W formation in the stock which could be used for initiating a long trade. Aggressive trade has already triggered as price pierced the yellow down sloping trend line and defensive trader could go long on closing above the 147. Reasonable Price Expectation as target : 166. Disclaimer : All ideas and comments are my personnel view. Please take ...

NSE:ZEEL is going through a double bottom pattern. Double Bottom is a bullish trend reversal chart pattern formed after good bearish price move. MACD (15,50,9) as well as Stochastic Bullish divergence both are giving a buy signal as well. Go Long for a target of 597(t1) & 618(t2). Maintain a Stoploss of 558 (SL).

A classic Double Top pattern has been formed on NSE:ESCORTS. A double top pattern is often formed on a previously bullish stock that is now currently showing a reversal to a bearish direction. This is a medium term positional call that is valid for 45-50 days. Interestingly, a stochastic bearish divergence (Triple) is also formed confirming an immediate fall in ...

Wide Range Bar on14.03.18 has created the support zone and even in a strong down day like yesterday it has provided the support. It seems that there is good accumulation at 65.50 and buyers have emerged which can move the price up in coming session. RSI above 50 is also supporting the decision. It is on the verge of breaking the channel so one can buy the stock ...

Sustaining 24140 - 24180 levels will push the price towards 24260, 24340 and 24420. Breaking 24100 will make the price to move towards 23980, 23860 and 23720.