Certainly, let's replace the currency symbol with Indian Rupees (INR) in the analysis: ### Technical Analysis: #### 1. W Pattern - Double Bottom: The W pattern is a bullish reversal pattern that resembles the letter "W" and signifies a potential reversal of a downtrend. The double bottom within the W pattern is a positive indicator. #### 2. Breakout of...
Engineers India Ltd. is engaged in Consultancy & Engineering projects and Turnkey projects. It is a Government of India Enterprise under Ministry of Petroleum and Natural Gas. The company is focused on oil and gas and petrochemicals industries in India & internationally, and also non-ferrous mining and metallurgy and infrastructure. It also provides engineering...
Hcltech breaking double bottom with huge volume trading around ATH EDUCATIONAL IDEA
Colpal broke the neckline following the formation of a double top , signaling a potential bearish trend. We've initiated short positions based on this pattern. Please note, that the provided chart includes details such as entry points, stop-loss levels, re-test zone, and target levels. However, trading involves risks, and these are speculative predictions....
Indiabulls Housing Finance Limited is a housing finance company. TTM EPS: 23.95 TTM PE: 6.98 P/B: 0.46 Face Value: 2 Mkt Cap (Rs. Cr.): 7,885 Dividend Yield: 0.75 Sector PE: 20.09 Book Value Per Share: 368.24 Positives: Strong Momentum: Price above short, medium and long term moving averages New 52 Week High Effectively using its capital to generate...
Fundamentally good stock . . entry: 135 target: / 144/ 156 /169 stoploss: 121 . . . if you already invested, then hold. or else wait for entry. enter after confirmation. . Good price to invest now. . . refer old idea on CUB attached bellow.
Fundamentally good stock, For long term investment. Reset chart for clear view. . . Entry: 475 target: 511-570 sl: 425- 400 major stoploss/ support: 395 . Enter only after breaking " Yellow box" mentioned. Or else wait for some time. ' ;good for long term investment. ' ' refer my old idea attached bellow. stay for update. Reset chart for clear view.
Trendline is broken and retracement is also completed. . . Entry: 162 target: 178 - 211 stoploss: 150 - 143 major stoploss/ support: 143 . . smallcap stocks are going to boom. long term investment; min 30 % return huge potential is there. investment ; if you are interested in investment, go for it with small risk, . . . . more than that " PALRED TECH ., "is...
Trendline is broken and retracement is also completed. smallcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; if you are intrested in investmet, go for it with small risk, . . . . more than that " BSOFT "is fundamentally good . . .refer our old idea attached below
Fundamentally good stock. good for long term holding. . entry:1535/1600 . target-1600-1750-2080 . . Analysis of this stock had already posted. . . refer old ideas. stay for update.
A cup & handle Breakout in conjunction with Triangle Pattern Breakout Retest is pending for the triangle pattern breakout. Hindalco is moving based on the support line support for long. Waiting for a retest to enter with SL below closing of the support TL One can enter now as well with 50 % qty just not to miss the trend for targets of 510/550/630. DISC: Only...
1. Double bottom pattern breakout with good volumes. 2. Multi year breakout with good volumes.
HDFCLife formed a double bottom and created a bullish engulfing candle on daily time frame on 4th Jan. The stock is trading near demand zone and if holds these levels, we expect to see a good upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
1. Set up: Double bottom 2. Price trading at 75% discount (pullback) 3. RR 1:5+
1. The stock gave a good strong breakout after 15 years. 2. Double bottom pattern breakout is seen monthly chart. 3. Cup and handle pattern breakout is seen in weekly chart. 4. A good volume accumulation is seen at the bottom of the cup formation. 5. After giving breakout stock retraced to the breakout level and bounced back with a strong bullish candle.
SPARC | Technically very good setup to capture a 50% rally in short term Trendline + W (Double bottom) CMP : 226 (Dip : 200) SL : 180 Target : 335
NBFC are showing strength in market. Here is new company from the sector of NBFC. Fusion micro Finance has given breakout of Ascending Triangle Breakout and Double Bottom breakout also. Buy fir big Target
🚨 Heads up, traders! Nifty has formed a double top pattern right at the peak. While we hesitate to scream "downtrend," signs point to a potential correction. 📊 Technical Breakdown: 1. Initial confirmation with a neckline break. 2. Crucial retest completed for added confirmation. 🎯 Targets & Stoploss? Refer to the chart for specified levels. Brace yourselves...