4 Months Consolidation #Breakout in #MANYAVAR (Vedant Fashions Ltd).
BSE: 543463 \ NSE : MANYAVAR
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 rebound, another drop to the same or...
This has all ingredients needed for the double bottom.
A good downtrend since oct from 5600.
Existing earlier resistance at 3200.
Double bottoms at 3200 level
Break of neckline at 4050
Target 4850
SL 3800
Buy on dips.
#triplebottom #pattern #Breakout (trend reversal) at #JUBLINGREA (Jubilant Ingrevia Ltd) daily chart.
BSE: 543271 / NSE : JUBLINGREA
What Is a Triple Bottom?
A triple bottom is a bullish chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level.
The triple bottom chart pattern typically...
SBIN has broken past its neckline and is moving towards its long awaited resistance level after forming a beautiful double bottom, a long trade can be taken on break of resistance on high volume.
Target: To previous High 536.75
Keep It Simple
Recently if we observe closely, FMCG Sector is outperforming & helping index to move higher and higher, where it contribute nearly 8% of Nifty 50.
In which ITC is having the highest weightage in the FMCG sector (nearly 30%) followed by HUL (24%), Nestle (7%) and Tata consumer (6%) respectively.
Adding to this VBL is outperforming like anything, compare to...
About 4 Years #Multiyear #Breakout in WSTCSTPAPR (West Coast Paper Mills Ltd). Its #Outperformed #Nifty.
BSE: 500444 / NSE : WSTCSTPAPR
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,...
4 Years #Multiyear #Breakout in Enkei Wheels India Ltd (BSE: 533477). Its #Outperformed #Nifty.
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 rebound, another drop to the same or...
NSE:CEATLTD
Price successfully breakout completed with a good amount of volume + Double bottom at daily/weekly time frame
Mentioned targets can be achieved in the future, book 80% at 1st target then trail.
Thanks...
#doublebottom #pattern #Breakout (trend reversal) at #CAMPUS (Campus Activewear Ltd) daily chart.
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 rebound, another drop to the same or...
#doublebottom #pattern #Breakout (trend reversal) at #SBICARD (SBI Cards & Payment Services Ltd) weekly chart. #Outperformed
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 rebound,...
#doublebottom #pattern #Breakout (trend reversal) Under Parallel Channel at #BAJFINANCE (Bajaj Finance Ltd) weekly chart. #Outperformed
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing...
A good double top pattern after a bullish run. The price has not retraced yet. So, high probability of a bearish move if the neck of double top formation is broken.
My entry,
- Only when 15 minute candle closes below the neck line.
For more trade ideas like this, follow me on trading view.
NSE:TATASTEEL
#NSE:TATASTEEL Formed beautiful ascending triangle.
I have ignored the gap up retracement part in chart, if you know the reason comment below......
Happy LEarning !!
NSE:MMFL
#NSE:MMFL Given 2yrs Long Resistance BO. Chances to get a small pull back and bounce.
Marked the levels on chart.
Already shared the same stock @ 669 entry in Feb'22 and those who taken entry are enjoying profits.
New level might be the good choice in trending market and all dips are good opportunities to average if any.
Happy LEarning !!
