Trent market strategy.
Marekt form a sideways pattern and also it was broken in hr tf.
in 15 min tf looks like a Double bottom and also in hr tf market form a swing pattern. when market break the pattern plan to trade.
There are two possibilities here :
1. Either the stock will continue the trend but the volume doesn't suggest so.
2. The weak hands will start exiting at current levels as it's a good resistance level. Wait for some retracement to start building the position. Better to buy as close as near the key zone level.
Angel One Ltd seems Double bottom pattern in daily chart. It's strong bullish pattern. keep concentrate for the neckline breakout at 1502. If price sustain above the price engagement 1515, It's rally continue towards upward.
Adanienet short term buy.
Market braked the long term day resistance.
and also braked the HR tf resistance.
it indicates to reach the weekly resistance
#doublebottom #pattern #Breakout (trend reversal) at #DRREDDY (Dr Reddy's Laboratories Ltd) weekly chart. Its #Outperformed #Nifty in current scenario.
BSE: 500124 / NSE : DRREDDY
What Is a Double Bottom?
A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action....
NSE:NMDC is available in two digits. Must consider for investment in this gem. I wont provide any Target or Stop-loss because an investor perfectly knows how to initiate positions in current levels. Add on if further lows formed.
High Dividend Yield
Improving profit margins
Emerging demand from real estate
The idea provided is for educational purpose only.
5 Years #Multiyear #Breakout in #EICHERMOT (Eicher Motors Ltd). #EICHERMOT is #Outperformed #Nifty in current scenario.
BSE: 505200 / NSE : EICHERMOT
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...
NSE: ADANIPORTS
If Breaks Then The Targets could be Taken at 743
Time Frame :- 1 Day
Patterns Name :- Double Bottom
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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> Reliance trading at crucial level which weekly trendline.
> on daily timeframe, closing below 2363 could be big trouble.
> double top pattern is clearly visible.
> on daily timeframe price is below all key moving averages.
only for education, not a trading recommendation.
NSE:RELIANCE
explanation in charts:
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI , Moving Average , Ichimoku , Bollinger Bands
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NSE: JSWSTEEL
Time Frame :- 1 Month
Patterns Name :- Double Top
Conclusion :-
A Double Top pattern which is a reversal and a signal before the downtrend which most probably shows up a down trend .
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on...
NSE:HCLTECH
#NSE:HCLTECH trading @ Key Support level and good above 935 with as 925 SL.
Medium to long term, chances to continue fall if BD 890 level.
Happy LEarning !!
NSE: HDFCAMC
If Breaks Then The Targets could be Taken at 2108
Time Frame :- 1 Day
Patterns Name :- Double Bottom
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By...
This idea is a follow-up to Bankbaroda
You can check the Link to Related Ideas.
Also, I have updated Target 2 as a bit lower level, seeing current market scenarios, Reason: Supply zone Top.
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your...
#doublebottom #pattern #Breakout (trend reversal) at #Dmart (Avenue Supermarts Ltd) weekly chart. Soon #Dmart Start to #Outperformed #Nifty.
What Is a Double Bottom?
A double bottom 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...
