In the Weekly Chart of GNFC , we can see that, it might respect the Range one last time and then show an up move. Expected momentum is shown in chart.
Looks like possible formation of double bottom on weekly basis. Observe the chart near the end of trading session on Friday 1st Sept 23. Do check other indicators and apply your own study before taking entry.
Stock chart show current price will be double stock price keeping 27-30 as Stop loss. Company last 3 quater giving positive results Positive of the company is giving UPI service by this company. Pramoter itself telling this company global 30% online money transfer using this company No cash generating company Operating cash flow is negetive
Banknifty 1day timeframe reacting #Double Bottom Strong support is over here 43720 to 43423 Good neckline supply zone 44727 to 44603 For short position should be below support are 43423 for long position should be above neckline area 44727 Please do analysis your own risk thank you
Very high probability upswing of +20% possible. Following are technical reasons 1. Made good double bottom at weekly 200ma 2. Good support at 50ema (there is tendency to respect 50ema) 3. Also took support at 155 which was earlier resistance. 4. Now we see it breaking out of consolidation. Target 205 and 230 possible SL can be at 155.
A double top is a bearish technical reversal pattern. It is not as easy to spot as one would think because there needs to be a confirmation with a break below support. While a double top is a bearish signal, a double bottom is a bearish signal. Top tops usually have an upswing, initial peak, trough, second peak, and neckline. Investors can short trade after the...
Stock on month frame is in uptrend strongly defended its base area its a breakout candidate after consolidation stop loss to reward is healthy
Double top has been formed on Mahindra & Mahindra at the top of the structure what i'm expecting is a pull back to 1400.
Double bottom has been formed on ANGELONE breakout of the neckline will result in a good bullish move. Expected targets are : TP1 - 1746.25 TP2 - 1769.85
> Double Bottom Formed Waiting for Neckline Breakout > Only Buy above 3975 on weekly closing > Target 4660, Can Expect 15% to 17% return
Double Bottom Breakout > Buy when Retest 975 -985 level > Target 1 - 1080 > Target 2 - 1195
HAVELLS is now eyeing a breakout its near all time high strong base formation on downside healthy consolidation
LAURUS LABS Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Double Bottom Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 410+. ✅Can Go Long in this stock by placing a stop loss below 390-.
1. Trend - Bullish 2. Double bottom 3. Strength - UC hit
KNRCON After a failed attempt to break through a support level, the price has seemingly hit a bottom and is now showing signs of a reversal towards a new uptrend. This reversal is indicated by a pattern known as a Double Bottom. This pattern typically forms within a downtrend and consists of two distinct lows that occur at approximately the same price level. As...
AXISBANK Buy above 961 SL below 927 Targets: 985/1015/1034/1065/1104 RSI trendline breakout. Morning star reversal on Weekly TF after retest of support. ++For educational purpose only++
Breakout of symmetric triangle and also near double bottom breakout.
KRSNAA Buy above 575 SL below 511 Targets: 595/646/697/778/853/1103/1355/1505 Failed IPO Listing stock. Recovering in a Rounded bottom pattern. Retest of Support at weekly Demand zone RSI trendline breakout. ++For educational purpose only++