Indian Hotel has formed a double bottom pattern which is a reversal trend. We can see the price moving towards 600-622-660. Other factors: 1. See today's volume candle, buying has started 2. RSI is moving above and should be above 60 shortly showing a bullish trend 3. MACD is becoming green 4. Price has moved above EMA20 which is a good bullish sign "Clean...
Avenue Supermarts is BULLISH on Monthly timeframe and has changed its price structure on Weekly timeframe which gives a strong conviction that it is going to test its ATH once again. There is a scope of accumulation if it is available at a discounted price between 4200 and 4300 . The idea will be invalid below 4000 . The targets are crystal clear according...
BITCOIN: Bearish – Double TOP + Rising Wedge The market could go back down to around $58 000. In addition, detection of a possible double top on Bitcoin which would bring the price down to around $48 000 Watch for the 50 and 200 exponential moving averages, as well as the Ichimoku levels, and RSI. be careful
BITCOIN: Double top possible: Watch out for 48,000 + NAVARRO 2000 bullish = 2 opposing patterns. The Wolf of Zurich detected a possible double top on bitcoin As expected, the 56,400 was reached perfectly thanks to my analysis. The next levels are: On the decline : 56,425 (again) 48,000 40,770 On the rise: NAVAROO 200 bullish detected, and the price could...
The chart shows a bullish trend, with the price bouncing off the support level of 1,150 INR The candlestick pattern shows a bullish engulfing pattern, where the green candle completely engulfs the previous red candle, indicating a strong buying pressure. if the price breaks below the support level of 1,150 INR, it could be considered a sell...
Yello Paradisers! Are you ready to catch the next big move? Let's dive into BONDUSDT and see what’s brewing! 💎BONDUSDT has recently broken out of a resistive trendline and formed a W pattern at the bottom. This pattern is a strong indicator of a potential bullish move. 💎We need to see a breakout and candle closing above the resistive trendline & resistant zone....
Jubilant food has been underperforming since few years. Stock has formed strong positive RSI divergence at confluence of supports. Above 500, reversal will start and above 600 , reversal will be confirmed. Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves. All positional traders shouldn't miss this stock
Tejas networks is a loss making multibagger company which has been consolidating since few months. If stock breaks 800, a support reversal can be confirmed and new ATH can be expected in stock. The stock is a multibagger stock which can repeat its performance if market is bullish. Only Risky traders should keep this in watchlist
Double bottom pattern Bounce back from support Only educational purpose
Can look for sell 3rd time rejection from Top. Target till bottom.. Only educational purpose.
Hi All, THis idea is about RKEC Projects Ltd Fundamentals Mkt Cap - 308 Cr Stock PE - 15 ROE - 12.5% ROCE - 15.5% Mkt Cap/Sale < 1 D/E - 0.83 Quick Ratio - 1.09 RKEC Projects Ltd is in the business of Civil and Defence Construction Technical Analysis As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70%...
Looking at the daily line on the left, we can clearly see that BTC is coming out of a potential double top structure. Then it fell below the neckline around July 4th to 5th. But in the next few days, it turned into a bottom flip and the double top failed. And looking at the perimeter on the right The short-term EMA did not fall below the medium-term EMA At the...
Price gave very nice fall on friday and now it is at the double bottom support. Let us see whether it will take support. Buy above 12210 with the stop loss of 12170 for the targets 12250, 12290, 12330 and 12360. Sell below 12130 with the stop loss of 12160 for the targets 12100, 12060, 12020 and 11960. Check the live market updates. Hit the like button to Rock !!...
DOUBLE TOP bana hai yaha se humesha doh chejay hoti hai ya toh necchay ki taraf footega or top k darshan kuch saal baadh ho saktey and m pattern fail hua toh dusri taraf rally achi aayegi
Add this to watchlist and wait for entry.👁️🗨️ 2024-2025 For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "340". Avoid Trade untill PROPER ENTRY level. . Entry: 340 target: 400- 420- 478 sl: 315 major stoploss/ support: 290 . . Enter only if market Retrace and Breaks "Yellow box" ...
Yello Paradisers! QTUMUSDT has broken out of a falling wedge pattern, increasing the probability of a bullish move. But, can we trust this breakout to lead us to significant gains? 💎For confirmation, we need a breakout and candle closing above the resistance zone. This will increase the likelihood of a bullish move, potentially driving the price to the next...
Symbol - BTCUSD CMP 60700 Bitcoin is testing the previous major liquidity area which is around 59300 - 61000. Earlier it was consolidating around 65K levels & was trading in a range. Now it is witnessing a huge profit booking and declining sharply towards the liquidity area. A retracement towards 62000 - 62500 is likely. In any case, If it is breaking 59000...
Yello, Paradisers! 🌟 Are we about to witness a bullish breakout for AVAXUSDT? Let's dive in and find out! 💎AVAXUSDT has taken liquidity and formed a W pattern, breaking the descending channel. These factors are increasing the probability of a bullish move. However, for confirmation, we need a breakout and candle closing above the resistance zone, which will...