5 Years #Multiyear #Breakout at #ARIHANTSUP (Arihant Superstructures Ltd). BSE: 506194 \ NSE : ARIHANTSUP What Is the Inverse #headandshoulders ? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in...
in previous days market is almost completed his head and shoulder pattern and now there is more chance to bank nifty change his direction when market ressist at 39400 and make double bottom there is more chance to now bank nifty going up and cross 40000 level in coming days ..
after a double bottom is it possible for a long as we are inside all these orderblocks and at a support area
UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline. UPL has given a double confluence 1. Rejection candle and respect of the long term trendline 2. Golden Cross( Crossing of 50EMA and 200EMA) A long position can be taken on break of the resistance zone Risk To Reward of 1:2 or a more...
On daily charts of TTKPRESTIGE prices have formed a very subtle and beautiful double bottom pattern after short term downtrend . If we look at the weekly chart price has came to retest it's previous three times resistance level, which was broken last year around the same month and now suppose to act as support. On hourly charts, huge volume is visible when both...
#DoubleBottom #Breakout (trend reversal) at #SPANDANA (Spandana Sphoorty Financial Ltd) weekly chart. BSE: 542759 \ NSE : SPANDANA What Is a Double Bottom? A #doublebottom #pattern is a #technical #analysis #charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a...
Bandhan bank gives a bullish signal today due to following reasons. 1. crossed and closed above @ 289.45 which is a resistance for last 2 months 2. on daily basis, closing price touched upper line of bollinger band, which is usually a bullish sign. 3. Supertrend likely to change its trend. 4. keeping a stoploss as a support.
Adani Green has given a beautiful pullback to its previous 1. resistance zone 2. double bottom neckline 3. trendline A possibility of a long trade when the high of the most recent candle is broken on above average volume which breaks theresistance level, neckline and push off from trend line. Targets can be taken at T1 and T2 Keep It Simple
Wait for the double top neck level breakout after entering the trade
Marine Daily have TLBO with 200 ema support. Also it made double bottom Good to buy at 35.25 for target of 45.70 and 88 sl 27.80
Gail is trading at major support and taking reverse ..... best stock for swing..... Target is mentioned in the chart
The stock has successfully given the breakout of its important resistance. The stock is ready for the bullish move, it will test the levels of the previous high of 307. If the price holds the levels of 307 then it will potentially show the levels of 320. Good for cash and futures. Points of Analysis During correction of 80 weeks four exponential moving...
HDFCAMC long (23 Aug) RSI- 65 Rounding bottom pattern Buy at CMP- 2160 SL- 2080 Target- 2340, 2480 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Bharti Airtel is finally making a move, it approaches a long term resistance line on above average volume after forming a beautiful double bottom on the long term support line and a long trade can be taken on break of this zone. Stop loss below the recent king candle Target near the High of the stock. Keep It Simple
#ITC Cash Positional for a week 21.Aug 2022 Looks good sell below 310 Stoploss 317 Target 303-304/296 (Range play) Cmp 312.05
4 Years #Multiyear #Breakout in #POWERMECH (Power Mech Projects Ltd). Its #Outperformed #Nifty. What Is a Bullish Flag? Bullish flag formations are found in stocks with strong uptrends and are considered good continuation patterns. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and...
ICICI Bank looks overbought on RSI and a doji formation suggests a double top formation, the chart is pretty self exploratory. Always trade with SL ! ! !
If the given range is taken out we can expect a good momentum till the nearest swing. Just keep eye on this when the entry is triggered. If you observe the L&T structure you will find that it gives consolidation breakout, consolidation breakout same pattern it's following.