Arpa USDTArpa Usdt Double Bottom
Short ARPA Usdt
Entry : 0.10580, 0.10650, 0.10800
TP: 0.10,0.09745, 0.0950
SL: 0.10900
Double Top or Bottom
Correction completion with double bottomIf someone is looking to accumulate tata elxsi
it has shown good double bottom formation after correction.
Since these are big targets and SL one might need to control the qtys to reduce risk of max loss.
SL 6600
T1 8300
T2 10150
banknifty 24th may rising wedge and double top bank nifty is forming rising wedge pattern (blank line) and double top (M) green line and there is a strong support trendline. If the support trendline is broken at 43888 level then possibility of reaching 43333 is high. if it takes support at 43888 level then market might retest and try to break all-time high.
Don't be bullish or bearish trade with the market direction.
Buy above 440057(43900 CE) Target 44132,44282,44410,44550.
Sell below 43766 (43800 PE) Target 43579,43465, 43333.
nifty 19th may W-pattern and failing wedgeNifty is in failing wedge pattern if it sustains above 18210 then possibly it can reach 18414 level and there is another indication of W pattern or double bottom forming if it breaks the same level(18210) then it can reach 18418 level easily. From the Feb speed resistance fan it is taking support at 0.382 level(18110) and if it breaks then 18004 is the next support(0.5 level) and if it takes supports at 18110 level then possibly it can reach 18417 level.
I would suggest being neutral and go with the market direction accordingly.
Buy above 18213(18150 CE) Target 18256, 18304, 18343
Sell below 18106 (18150 PE) Target 18054, 18005, 17942
DEEPAK FERTILISERSThe chart is self-explanatory.
upside potential > 50%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Berger Paints - CASHThere can be a breakout coming on daily chart of BERGEPAINT. As the stock trying to break resistance of 605-608.
Also looks like an inverse double top pattern on the chart therefore we can create a long position and expect a target of 625-630 with a stop loss at 604-603.
CRUDE OIL SWING IDEAS (LONG)Crude oil has formed based and will travel further north in coming days due to the following reasons
1)Base formation or consolidation for quiet few weeks
2)20 EMA & 50 EMA crossover on an hourly chart
3)Lows not broken, swing high is taken out
4)W pattern
Need to patiently hold & wait, might see bigger target
(FOR EDUCATION PURPOSE ONLY)
W pattern : double bottomNSE:BAYERCROP
after long bear run we can reversal
if price go above 4151
Take Long trade :
ENTRY : 4152
Target 4341 (4.73%)
SL 4042 (2.72%)
GUJARAT ALKALIESThe chart is self-explanatory.
upside potential > 30%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
Buy KRISHANA Above 456"Delivery Idea 17-05-23
KRISHANA (CMP: 454.95)
Buy Above: 456
SL Below: 440
Target: 486"
Stock has Reversal Pattern in Day Candle and Trend Breakout and retesting in Hourly Candle.
Bank Nifty 44072 dated 15-5-2023Bank Nifty 44072 dated 15-5-2023
Daily Chart
Positional View
1. Double Top @ 44152
Buy only above 44155 for target 45500-47500
SL 43300
Sell below 43300 for target 42600-42000-41500
SL 44200
SUNTV | Beautiful setup - Potentially can capture 30-35%SUNTV | Beautiful setup - Looks easy opportunity to capture 30-35%
-> Hammer at channel support
-> W pattern
-> Higher low formation in daily time frame
-> Small breakout in Daily time frame
CMP : 448 (Dip : 420)
SL : 385
Target : 580
1:3+ risk reward setup
Long term idea on Intellect designI daily make educational content videos for swing / positional trading
double bottom(W) breakout at TATAELXSIOn the #TATAELXSI daily chart, after a 45.42% correction from the lifetime high, a double bottom(W) breakout occurred, which means a reversal. The reversal is also confirmed by the Nifty/TATAELXSI ratio chart.
I compared #TATAELXSI vs. the #Nifty and its peers from October 14, 2021, and discovered that it has outperformed both the Nifty and its peers in the sector.
BSE: 500408
NSE : TATAELXSI
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
aud-chf crate double top pattern. after pattern market sentence major zone.
wait for breakout
upside breakout- buy
downside breakout - sell
intraday / RSI Bullish Divergenceboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
Short term trade setup in MFSLIt appears that the price has hit its lowest point and is now showing indications of a reversal. This is evident as it has broken out of a period of consolidation or uncertainty and is moving in an upward direction. This pattern is commonly known as the Diamond Bottom pattern, which typically occurs during a downward trend. The pattern is characterized by a broadening pattern of higher highs and lower lows, which gradually narrows as the lows start trending upward after the highs peak. Once the price breaks out of the diamond's boundary lines in an upward direction, it signifies a significant shift to a new uptrend.
Target has been Marked.
intraday midcap stocks are going to boom
there is possibility for big move
instead of intraday its better to go for 3 to 4 days of holding
with proper risk management
a double bottom (W) breakout at SONACOMSOn the #SONACOMS daily chart, there is a 5-point curveline as well as a double bottom (W) breakout. The reversal is also confirmed by the Nifty/SONACOMS ratio chart. I compared #SONACOMS vs. the #Nifty and its peers from 07/11/2022 and discovered that it has just started outperforming both the #Nifty and its peers in the sector.
BSE: 543300
NSE : SONACOMS
Sector breakoutBreakout failed but due to positive sentiment maybe breakout may possible again.
Zeel
PVR
High weightage in media sector.
Cash position can be become profitable.
