Double Pattern is seen in COMOS ATOM/USDT hourly chart. Entry we can enter short trade after close of strong bearish candle at resistance zone. Target will be the next support zone. Stoploss will be above the resistance zone. Please Like, and Follow me
Stock is not sustain on higher level Double Top formation is created now. Expecting more downside from this level
can this be good one?? if it break support good opportunity for this trade. Double top pattern / M pattern. 100% sure it will give good profit on this. Take it review and comment your view on this.. thanks
Price is forming double top resistance. Buy above 17680 with the stop loss of 17640 for the targets 17720, 17760 and 17800. Trend deciding level is 17720. Sell below 17580 with the stop loss of 17620 for the targets 17540, 17500 and 17460.
While NSE:NIFTY has made new low as compared to Dec 22. NSE:CNXMETAL Index has not broken the Dec 22 lows. This Inter Market Divergence again signalling strength in Broad Market stocks. Historically it leads to Bullish trend reversal.
COFORGE forming rounding bottom at lower end of IT sector and stock about to reverse from 0.5 to 0.68 FIB retracement, This can touch more than 4280 when break neck line of rounding bottom pattern. This also form double bottom at lower end which confirm uptrend.
It is a Heikin Ashi candle on the daily chart. This helps to find trends in volatile situations. Price is in the supply zone of Rs. 417-430, forming a triple top pattern. There is also an increase in volume which shows the beginning of a new trend. .
Shiba Inu coin formed a double bottom pattern in 15m time frame.It is retesting now from the neckline(S1) and can give a upper breakout to R1.If the neckline breaks out with high volume candles,a long trade can be initiated.Support and resistances are marked on the chart.keep on eye on this trade. Happy trading.
ITC Daily TF Chart. Where Nifty Breaking down its support levels, ITC Shows strength. Watch this stock for Upcoming Trading Sessions
We are expecting some more downside in this chart Reason double top formation creation and trend also change in pattern.
--------------------------------------DISCLIMER-------------------------------------------------- * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex,...
India Fertilizer Stocks - Looks like a triple bottom made - breakout from resistance should give decent gains up to 500. SL at 340 - Fundamental triggers - As per global survey by Plimsoll, UK, it is reported that Rama Phosphates is the 24th fastest growing company out of 405 Global Fertilizer Manufacturers. Exit from CDR Large in-house production capacity for...
NDTV Gives really good rally, but now after Breaking support it's headed towards Black TrendLine Support.
WESTLIFE:- Double bottom pattern has been formed, if the breakout together sustains the upper side, then you can plan something. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check...
crompton greaves at support level now , can form double bottom from here with good risk reward
IT index has shown outperformance in the past few days. Following it HAPPSTMNDS is now bouncing from the support. Forming a Triple bottom pattern on a weekly chart, with a Demand zone of 815 to 875.
Price is forming a triple top pattern with a top of 219-220. Looking at the option chain 220 CE of 25 Jan expiry, trading at Rs 1.75 has the highest open interest. Hence 222 is an important level. Overall it is in a crucial zone.
Go Long above 406.55 for Targets of 461.1, and 515.65 with SL 352 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. Also a bullish chart pattern Double Bottom is formed around 0.5 Fibonacci...