Indus TowerA Perfect example of Adam and Eve Pattern - bullish reversal chart pattern .
Best buy on CMP: 352 -370 Range
SL : 328 or Last Swing
Target : Open
Double Top or Bottom
CRUDE - ALL TIME FRAMES BULLISH AFTER DOUBLE BOTTOMAS Shown in previous chart W is pattern is tested today and was successful.
Enjoy bullishness
Double Bottom Alert: NIFTY 50’s Turning Point? The NIFTY 50 is approaching a crucial technical zone, hinting at a potential reversal with a double bottom formation in play. Will the bulls seize this opportunity to rally, or will the bears maintain their grip?
Key Points:
1. Resistance Zones:
- 23,758.05
- 23,647.05
- 23,570.60
- 23,458.50
2. Support Levels:
- 23,268.75
- 23,153.60
- 23,037.15
3. Current Setup:
The NIFTY 50 is hovering near a critical double bottom area, a historically strong reversal pattern if validated. The price action suggests a cautious optimism, with significant resistance levels overhead. A breach of these levels could signal a breakout, while a failure to hold support may lead to further downside.
How to Trade This:
- Bullish Strategy:
Enter long above 23,458.50, targeting 23,647.05 and 23,758.05. Use 23,268.75 as a stop-loss.
- Bearish Strategy:
Enter short below 23,153.60, aiming for 23,037.15 and 22,900. Place a stop-loss above 23,268.75.
Bottom Line:
The double bottom pattern indicates a potential turning point for NIFTY 50. However, confirmation of a breakout above resistance is key for bullish momentum. Watch the support zone closely for invalidation signals.
NSE:NIFTY
Only for educational purposes.
This content is not a recommendation to buy and sell.
Not SEBI REGISTRAR.
TCS BULLISH PATTERN SEENTCS BULLISH Pattern is possible if "W" Pattern is completed by TCS.
There should be a Stop loss at level 3994 for a Possible up move till target 4628.
Navinfluorine Looks Good!NSE:NAVINFLUOR
The price appears to have found a bottom, signaling a potential reversal as it breaks upward following a phase of consolidation or indecision.
The Diamond Bottom pattern typically forms during a downtrend, where prices initially create higher highs and lower lows, forming a broadening structure.
Over time, the trading range narrows as the highs peak and the lows begin trending upward. A decisive upward breakout from the diamond's boundary confirms the reversal, marking the transition to a new uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
INDGN - 1 Month Consolidation / DowntrendIndegene Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (December, 2024) and in a downtrend since (November, 2024). Now, It has given a Consolidation/Downtrend breakout & Closed strong in Daily Time Frame.
3) The stock may find it's next set of resistance around the price (636 and 660) in short term.
4) Recommendation - Strong Buy.
Jan 7 Sensex expiry analysisPrice had a good move from 78000 to 80000. Price fall down from 80k and now it is near to the double bottom range support.
78k will act as the trend deciding zone. If price sustains above 78k bulls have a strong opportunity to make the price to move towards 80k
Buy above 78000 with the stop loss of 77860 for the targets 78120, 78240, 78400, 78560 and 78800.
Sell below 77720 with the stop loss of 77850 for the targets 77600, 77460, 77300, 77160 and 77040.
Do your own analysis before taking any trade.
DOW JONES - SWING TRADESymbol - DJI
DJI is currently trading at 42545
Dow Jones is making double bottom at larger time frame & I'm seeing a trading opportunity on buying side.
Buying DJI Futures at CMP 42545
I will add more position if 42345 comes & will hold with SL 42100
Targets I'm expecting are 43100 - 43340 - 43580 & 42820
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Good Setup of Dbl bottom; Fib and Accumulation Breakout1. Long term uptrend as per 200 DMA on day TF
2. Support at 38% of Fib; with double bottom formation which is sign of reversal
3. Accumulation for couple of weeks. this usually haapens when a big player wants to build their postion
4. Breakout from sideways with a conclusive canlde with higher volume
SL of merely 4%; entry above high of breakout candle; target - trail as per 9 EMA.
SBICARD Price is at break even levelSBICARD made a like double bottom in daily time frame and the price is currently trading at the neckline of the double bottom. If it breaks the neckline, a momentum setup will be formed here and we will entre on the breakout candle. The stoploss below the breakout candle and target will be Rs 808.
dabur ltd bullish swing set up Dabur ltd is a camponant of Fmcg sector and the sector is now making a bottom so we can pick
good stocks of the sector fundamental wise also dabur is a strong company and technical wise also showing a Double bottom pattern with high volume candle with follow up showing a reversal so we can sit on running taring to up side before late we can keep limit order at 521 stop loss 500 and the target is 595 so looking a good ROI
Ramco Industries - Monthly LongBeautiful Double Top Formation on monthly charts.
Stock might go for a Triple top Formation in the coming months.
Good Point to Buy Between 129-113. With SL of 101
Stock has good support at 113.
Fundamentals also look above average.
Holding time 6-8 months for targets 181/228/280
Colgate-Palmolive: Oversold and Poised for Reversal Topic Statement: Colgate-Palmolive's stock has faced a severe correction but shows signs of reversal with strong support at 2700.
Key Points:
1. The stock has very strong support at the 2700 level.
2. The price is trading below the 180-day moving average, indicating it is very oversold.
xagusd double bottom with divergenceXAGUSD create double bottom with morning diji star with rsi divergence if it goes and susstain above nechline then superb bull run can seen.
buy xagusd above 29.88 add more 29 closing sl below 28.75 tg 31.9-33.78
#TATAMOTORS, Positional Trade Duration: 2-3 months
#TATAMOTORS, Positional Trade Duration: 2-3 months
Entry: 760-780
Targets: 946, 1042, 1165
Buy on Dips till 720
Reversal from support with strong volume.
Institutions expecting a strong earning in Feb and Dec sales have been good.
No buy or sell recommendation.
Exide industry_Auto-sector are bullishMade beauty double bottom, in downtrend, made W pattern, NSE:EXIDEIND
Epack looks Enticing? Will it live up to our expectations? I am Back with another Cup and Handle.
Nice structure. CnH on DTH. It looks enticing for the long term.
This is just my view. Kindly study the chart.
The only gripe here is that the stock Hits UC/LC often. So you need to be extremely cautious when trading this.
PTC India WBuy in PTC India with a very good risk reward.
Pattern- Double Bottom and A bullish engulfing in Daily TF.
Entry- 148-150
Support/SL- 140-138
Targets- 180, 200, 220
Jai Shree Ram
Disclaimer- This is just for educational purpose please take advice from your financial advisor before making any decision.
Lupin: Triple Top Signals Breakout Potential Topic Statement: Lupin has a bullish breakout potential, forming a triple top candlestick pattern with resistance at 2300, but may correct to 2000 if the breakout fails.
Key Points:
1. The stock is forming a triple top candlestick pattern, which is a strong breakout signal.
2. Resistance is established at the 2300 level, if the breakout does not occur, the price may correct to the support level of 2000.
Grasim is fitting Harmonics for 2800Grasim seem to have taken support at previous reversal zone. As per the pattern it can touch 2700,2740, 2800 respectively.
Apollo Tyres: Range-Bound Opportunity for TradersTopic Statement: Apollo Tyres is trading in a range of 440 to 570, offering distinct accumulation and distribution zones ideal for swing trading and option writing strategies.
Key Points:
1. The stock is confined within a defined range of 440 to 570.
2. Clear accumulation and distribution zones provide opportunities for swing trading.
3. The range-bound nature makes it suitable for option writing strategies.
Technical Analysis for Bector Food Specialties Ltd. (BECTORFOOD)
Trade Type: Swing trade for 3-12 months
Key Highlights:
Near strong support zone
Double bottom pattern indicating potential reversal
Targets marked based on technical levels
Stop Loss (SL): ₹1499 for risk management
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
#BectorFood #TechnicalAnalysis #SwingTrade #DoubleBottom #StockMarket #SupportZone #TradingStrategy #RiskManagement
TATA MOTORS - DOUBLE BOTTOM - DAILY CHART.Tata Motors is almost 40% down the the ATH, seems a good opportunity to Invest for long time perspective.
It is trading below 50ema and making a Double Botom pattern at daily time frame. RSI divergence is clear. Right now at an old support. In case it goes down further then it may touch 665-670 levels. In that case it will make Triple Bottom pattern.
Nifty Auto Index is also making a Double Bottom pattern so there is probability of a reversal.
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For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
