NSE:BIOCON TIME FRAME : WEEKLY CHART PATTERN : DOUBLE BOTTOM About Biocon Ltd. The company is an innovation-led global biopharmaceuticals company committed to enhance affordable access to complex therapies for chronic conditions like diabetes, cancer and autoimmune. It has developed and commercialized novel biologics, biosimilars, and complex small molecule...
The Nifty50 projection for February 8, 2024, provides an indication of the potential performance of India's top 50 companies in the stock market, but it's essential to remember that predictions may not always be accurate. Investors should approach forecasts with caution and conduct their own research before making investment decisions. Market trends can be...
Pattern: Double Bottom pattern The Double Bottom pattern emerges within a downtrend when the price hits two separate lows at approximately the same level. During the formation of this pattern, the volume tends to indicate a decrease in downward momentum, diminishing as the pattern develops, with a slight increase in volume at each low, typically less on the...
BF Utilities has recently broken out of a six-month consolidation phase, accompanied by a Double bottom pattern formation and an increase in volume.
TCS breaking double bottom with good volume and rsi near #target can be 4400 EDUCATIONAL IDEA
Price had a good bearish momentum today and now it is at double bottom support. Support should hold and price have to break the trend line to change from bearish to bullish. Important support zone is 20280 - 20340. Buy above 20340 with the stop loss of 20280 for the targets 20400, 20460, 20520 and 20560. Sell below 20240 with the stop loss of 20300 for the targets...
For Educational Purpose.. ⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased ⚠️ No Buy Sell recommendation, do your own DD. #TAKE (TAKE SOLUTIONS) IS READY TO BUY LONG - Last 1 Months Volume Massive - View Double Bottom Monthly Chart - Waiting Time 3-6 Months Long Above (Required Candle close) - 31.5 SL - 25 Target - 35, 40, 45 & More... Thank you
Alkyl amine is currently trading at 2535. It has broken its 3 year long downtrend. Recently formed double bottom with bullish divergence.Volume is on higher side. If it manage to close above 2810 then W pattern will be confirmed. Then it can head for 3220/3450/3840/4300 target. This is for educational purpose. Not a Buy/sell recommendation
I was not able to post the report yesterday as got a severe headache and fever. After closing my screen at 15.30 yesterday, got enough strength to open it today morning at 07.46. Seems like the analysis of Tuesday was more or less true even for today as Nifty and BankNifty went nowhere. The Budget 2024 was a 1hr speech, but it had no major changes - it looked like...
INFIBEAM 1) Time Frame - Monthly. 2) The Stock has been in a consolidation zone / Downtrend since 2018 and has given a breakout & Closed with strong bullish momentum & Huge volume in monthly time frame. 3) INFIBEAM may reach its previous Life Time High (50.50) in the Long Term. 4) Recommendation - Strong Buy
BRNL 1) Time Frame - Monthly. 2) The Stock has been consolidating since January, 2020 and has given a pre covid high breakout & Closed with strong bullish momentum & Huge volume in monthly time frame. 3) BRNL may reach its previous Life Time High in the Long Term. 4) Recommendation - Strong Buy
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Yesterday’s W pattern is no longer valid as today’s action has nullified it. Our stance continues to be neutral with a slight inclination to the bearish side. It seems like FIIs are not done unwinding their positions — the run-up to the Budget 2024 looks interesting.” 4mts chart Two major things stand...
NBCC (1D TF) Swing Trade Analysis given on 30th November, 2023 (Friday) Pattern: DOUBLE BOTTOM - Neckline Breakout - Done ✓ - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #nbcc
Wedge and a head and shoulder Bajaj finance could lose 2k from current level
In the Daily timeframe, this less known mid-cap Technology stock NSE:ACCELYA is showing confluence of multiple bullish chart pattens. A beautiful rounding bottom formation happened over last 4 months. Followed by a breakout with very high volume on 15th Jan. Followed by consolidation and re-test of 1750 level. During this consolidation between 15th...
Banknifty form double top pattern. If weekly close come below 47480, It may show more down side up to 46350.
HEAD AND SHOLDER NECK LINE breaked a good fall will expected on forex EURAUD pattern shows grab the oppurtunity for forex trader
Weekly breakout with good volumes. Stock consolidated for a very good period and gave a breakout.