Double Bottom breakout is visible in amarajabat stock - weekly timeframe. Normally such patterns at higher time frames hold a lot of value. The second bottom respected the first bottom which gives more conviction. The whole price action is supported by the announcement made by the management of Amara Raja Batteries of capex into Lithium Ion batteries which are...
On 4H Time Frame Stock Showing Reversal Of Double Top Pattern. We will wait for proper breakdown. Thanks for your support :-) Disclaimer : I am not SEBI registered analyst. Do your own analysis before taking trade. I am not responsible for your profit or loss.
Apollo Tyres Cmp 313 dated 28-11-2022 1. Trendline BO @ 304 2. Triple Top BO @ 304 3. RSI BO 4. Price Rise with Volume Rise Buy above 314 for target 325-340-345-360 SL 280 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for...
W Pattern / Double Bottom Formation Buy @ cmp & in dips till 213 | DCBSL 287 | Tgt 360 / 380+
Persistent: Perfect Double bottom on Weekly Time frame Buy above 3980 with SL of 3924 Targets: 4000/4029/4067 Trail SL for max gains in Intraday. Disclaimer: Im not SEBI registered, contact your financial advisor before any investment.
This week the price closed marginally above the 40 weekly moving average. Important to note levels above 2675 as it could create momentum for an upward move. Above 2800, it might touch its high of 2856 and even move higher to 3000. Trade with a stop loss of 5-8%. Note: Not a buy/sell recommendation. Do your own research and consult your investment advisor.
NSE:NACLIND is showing bullishness because of: A 6 months long rounding bottom breakout with very high volume sprout A recent rectangular breakout. High volume buildup in last 3 sessions, the build up is increasing. Trade: Buy above 100, SL: 96, T: 105/107.50
Nifty information looking good finally on daily chart by breaking a horizontal trendline resistance and looking bullish in setup for coming sessions MACD indicator divergence giving positive divergence signals too on daily chart, That is why I am looking fresh long opportunity in this oversold index stocks.. Cause of Long 1- Horizontal resistance trendline...
From among the IT Pack, Infy is the one I'd love to keep a watch on. From the high to a 30% correction, the stock is slowly inching its way up. Forming a double bottom pattern, the current price is hovering near the neckline. Positive with initial targets of 1750, 1900 and 1950. Above 1950, we can expect good move upwards. The stock has strong support at...
GSPL:- Stock has given breakout by forming double bottom pattern keep your eye. 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 my other ideas to get to know about all the...
NMDC is forming double bottom pattern in 15 min time frame .and in 5 min time frame it is consolidating near the current resistance level buy above 119 for option trading = one can have stop loss of 0.04 rupees and a target of 1:1
WAIT FOR TL TOUCH AND GO FOR BUY/LONG ON THIS very fundamentally strong stock .... 250 is going to be a major support zone and cannot be broken down easily all the best
1. Stock bounces from support zone 2. Stock Bounce exactly from 0.618 Fib levels 3. Pin bar formation at support zone 4. Formation of second bottom of double bottom pattern Target and SL are shown on chart
On the verge of W Pattern BreakOut Closing above 1620 will be W BREAKOUT for 1900. OverHead Resistance Zone - 1655_1690 Support Zone - 1560_1570
Nifty IT forming a double top patter. Stocks to watch out: 1. TCS 2. HCLTech 3. TechM 4. Infy
INFY has formed double bottom, Buy above 1637.. Targets with green line Intraday - trail SL. Disclaimer: I'm not SEBI registered, contact your financial advisor before any investment
It's has posted not so great quarterly result due to raw cost increase, so the sharp downside movement in stock was noticed. It has been in news past few days for the 20 year long term deal with other listed Fertiliser Company. Inflation seems to be peak and ready to bites the dust for the moment. Having said that, Positional View on the stock would be Long...
I have observed double top patterned is formed in daily chart. I have also drawn regression line into it. Based on both technical analysis, short term move upto USD 89 per barrel can be expected. This move is for short term. We can expect fall within 1-2 days.