Double Top or Bottom
KOTAK BANK 1D | Short Opportunities KOTAKBANK formed a double top (M Pattern) in daily time frame and now it breaks its neckline and ready to fill the gap downside.
Do your own analysis to grab some good selling opportunities in coming week.
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Happy Trading.
Inverse Head and Shoulders Pattern in Prograss at CAPACITEKeep #CAPACITE on your watchlist.
still in the accumulation phase.
#NIFTY/NSE:CAPACITE #RatioChart indicates a trend change.
Deeply Undervalued, Re-Rating #Stock
EPS jumped-90%. Sales jumped-29%.
BigBull Mukul Mahavir Agrawal is also invested in it.
I compared #CAPACITE vs. the #Nifty and its peers from November 29, 2022, and discovered that it has outperformed both the Nifty and its peers in the sector.
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.
#sharemarket #MultiBagger #relativestrength #stocks #StocksToBuy #Growth
Looks Good for Short termKitex Garments Ltd.
The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend.
The Double Bottom pattern has formed during a downtrend as the price reaches two distinct lows at roughly the same price level. Finally the price breaks upward above the highest high to confirm the bullish signal.
Short term target is marked.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Glaxo: Strong Double bottom and BO with strong volumes on weeklyGlaxo: Strong Double bottom and BO with strong volumes on weekly chart.
Strong BO of 1350 is happening after 7 months.
Buy above 1404
Targets: 1416/1430/1445
SL: As per risk capacity
Disclaimer: Im not SEBI registered, Contact your financial advisor before taking any trades.
CHEMFAB - LOOKS GOODThere is a positive development as the price breaks above the upper trendline before the triangle reaches its apex. This breakout is accompanied by a noticeable increase in trading volume, which serves as confirmation of the bullish nature of this pattern. It suggests a reversal of the prior downtrend and indicates a potential upward movement in the price.
In summary, the price has shown signs of reaching a bottom and is now displaying a bullish reversal pattern known as a Bottom Triangle. The breakout above the upper trendline, accompanied by increased volume, suggests a potential upward trend in the market.
Conclusion:
The price is in bullish Trend.
Note for everyone who came across this reference:
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.
MOIL - Reverse Head & Shoulder PatternMOIL has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 157-158 with target of 170 and set SL at 153. This gives us risk to reward ration of 1:3.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.