Price has formed double top resistance and fall down to test the support at 22000. And we know this is an important trend deciding zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22020. Stop Loss : 21980. Targets : 22060, 22100 and 22160. Sell below : 21940. Stop Loss : 21980. Targets : 21900, 21860 and 21820. Check the...
I was Observing Icici Bank for A while now .... it has Formed Double Bottom Pattern on Support Zone .... One Can Invest or Stay Long on the Same
RKEC PROJECTS: Trading at around 93 and has formed a nice triple bottom pattern in the long term weekly chart. It s also at the verge of bouncing from the channel at 93. In the event of the stock holding at 90+ levels ,Triple bottom & channel breakout suggests a move towards 100+
WOCKPHARMA:Has formed a nice double bottom pattern in long term monthly chart.DEMA Positive cross over in monthly chart suggests a positional TGT of 750+(For educational purpose only)
💎DOGE has broken out of a resistive trendline and formed a W pattern on the support zone, while its price also shows a Change of Character (CHoCH) towards a bullish structure. This suggests a potential bullish move after a pullback or the breakout of the previous high (1st resistance level). 💎If DOGEUSDT breaks above the first resistance area, it will be...
💎 REN has recently broken out of a descending channel, forming a W pattern on the support zone, signaling a potential reversal towards the bullish side. 💎If RENUSDT breaks above the first resistance zone, it will be considered a Change of Character (CHoCH), indicating a shift in market sentiment towards bullishness. This could lead to a bullish market structure...
Idea focuses on the analysis of HMVL (Hindustan Media Ventures Limited) using the double bottom pattern breakout strategy on its monthly chart, accompanied by volume analysis. The double bottom pattern is a bullish reversal pattern that often indicates a potential trend reversal from bearish to bullish sentiment. Analyzing this pattern along with volume can...
💎GRT has recently broken out of a descending channel by forming a W pattern and has exhibited signs of a CHoCH and a BOS towards a bullish market structure. These factors increase the probability of a bullish move. 💎Currently, GRT has retest the support zone, indicating a bullish sign. However, it might be prudent to wait for a pullback to the support area or the...
Pole n Flag: 1. More than 30 days into flag formation (sideways) 2. Support from 50 DMA; quick recovery & making Hammer 3. Double bottom formation within flag 4. Strong on revenue and earnings Prior strong uptrend tot continue.
BAJAJCON weekly TRIANGLE PATTERN AND DOUBLE BOTTOM If weekly closing is 219 above then the MORNING STAR CANDLE is invisible and 200 MA support recently
NIFTY is currently in a sideways zone, and a double top pattern seems to be forming, but confirmation is still pending. The marked zone on the chart, 21635 to 21515, could potentially act as a support zone for NIFTY as these are Fibonacci levels. Speaking about the double top pattern, if the price closes above 21126, this pattern will become invalid. On the other...
INDUSINDBK shows W PATTERN major support level 1440 bounce back this level
After 6 months of zigzag consolidation finally gold is ready to momentum This week my target is 2055 minimum If we close above it then next week we can see new ath in gold
Double bottom pattern is progressing in NATCOPHARM. There may be breakout soon. The Stock PE is half of Industry PE. Volume is gradually increasing. Monthly resistance has also been broken.
As we have been discussing, Banknifty has a bullish nature for a couple of analyses. Now it's reaching near the resistance zone @46970. Now, if we look at the chart: The market has broken to the upside; also, the market is making a double bottom if we look at the 4H frame. 46300 was good resistance, which broke to the upside. Now, I am expecting it to...
💎 NEO has broken out of a descending channel and formed a W pattern in the demand zone, coinciding with the bullish Order Block (OB) area. Additionally, the MACD indicator is showing bullish divergence, enhancing the likelihood of a bullish reversal from this point. 💎In the event that NEOUSDT undergoes a pullback and demonstrates bullish candlestick patterns...
Please read the notes as mentioned on the chart and act accordingly. Disclaimer: I am not a SEBI registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits of losses. Let you grow. May! I follow you. Thank you
stocks has taken good support on bottam looks good for up move only for education purpose not for recomdation