PALREDTEC:Likely Double bottom b/out.Has formed a double bottom breakout in long term weekly charts.Shows possibilities for a breakout above 210 towards 230-/240/250 (For educational purpose only)
NSE:HDFCAMC Analysis on a weekly timeframe! Double Bottom Pattern in HDFCAMC! RSI Divergence in HDFCAMC! Entry = Above Neckline Stop Loss = Below 2216.95 Target = 3344.40 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward...
Certainly, let's replace the currency symbol with Indian Rupees (INR) in the analysis: ### Technical Analysis: #### 1. W Pattern - Double Bottom: The W pattern is a bullish reversal pattern that resembles the letter "W" and signifies a potential reversal of a downtrend. The double bottom within the W pattern is a positive indicator. #### 2. Breakout of...
Hcltech breaking double bottom with huge volume trading around ATH EDUCATIONAL IDEA
Colpal broke the neckline following the formation of a double top , signaling a potential bearish trend. We've initiated short positions based on this pattern. Please note, that the provided chart includes details such as entry points, stop-loss levels, re-test zone, and target levels. However, trading involves risks, and these are speculative predictions....
Indiabulls Housing Finance Limited is a housing finance company. TTM EPS: 23.95 TTM PE: 6.98 P/B: 0.46 Face Value: 2 Mkt Cap (Rs. Cr.): 7,885 Dividend Yield: 0.75 Sector PE: 20.09 Book Value Per Share: 368.24 Positives: Strong Momentum: Price above short, medium and long term moving averages New 52 Week High Effectively using its capital to generate...
A cup & handle Breakout in conjunction with Triangle Pattern Breakout Retest is pending for the triangle pattern breakout. Hindalco is moving based on the support line support for long. Waiting for a retest to enter with SL below closing of the support TL One can enter now as well with 50 % qty just not to miss the trend for targets of 510/550/630. DISC: Only...
1. Double bottom pattern breakout with good volumes. 2. Multi year breakout with good volumes.
HDFCLife formed a double bottom and created a bullish engulfing candle on daily time frame on 4th Jan. The stock is trading near demand zone and if holds these levels, we expect to see a good upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
1. Set up: Double bottom 2. Price trading at 75% discount (pullback) 3. RR 1:5+
1. The stock gave a good strong breakout after 15 years. 2. Double bottom pattern breakout is seen monthly chart. 3. Cup and handle pattern breakout is seen in weekly chart. 4. A good volume accumulation is seen at the bottom of the cup formation. 5. After giving breakout stock retraced to the breakout level and bounced back with a strong bullish candle.
SPARC | Technically very good setup to capture a 50% rally in short term Trendline + W (Double bottom) CMP : 226 (Dip : 200) SL : 180 Target : 335
NBFC are showing strength in market. Here is new company from the sector of NBFC. Fusion micro Finance has given breakout of Ascending Triangle Breakout and Double Bottom breakout also. Buy fir big Target
🚨 Heads up, traders! Nifty has formed a double top pattern right at the peak. While we hesitate to scream "downtrend," signs point to a potential correction. 📊 Technical Breakdown: 1. Initial confirmation with a neckline break. 2. Crucial retest completed for added confirmation. 🎯 Targets & Stoploss? Refer to the chart for specified levels. Brace yourselves...
Technical Analysis: RITES has been consolidating in a robust rounding bottom pattern, a structure widely recognized as a sign of healthy consolidation. The stock has spent approximately 4 months forming this pattern, indicating a strong foundation for a potential breakout. Rounding Bottom Structure: A rounding bottom is a bullish reversal pattern that signifies...
Refer our old idea attached below. . Midcap stocks are going to boom. long term investment; min 40% return. huge potential is there. investment ; Wait for retracement. if you are interested in investment, go for it with small risk, . . . more than that " Deepak Nitrite " is fundamentally good. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on...
#ITC cash 01.01.2024 Make or break level 473 (Rounded Bottom formation) ITC cash above 473.10 will go 498-500/520/545 Cmp 468.05 (Either it wont break 473 levels or if closed or trades above it will be bullish)
TechMahindra has made double bottom and once the neckline breaks we can expect a movement beyond 1550. How to trade: Option 1: we can trade now as it is following 20EMI till the neckline i.e.1311 and then once it breaks the neckline we increase position size Option 2: Let's wait till neckline is broken (conservative) and we can also wait once it breaks neckline...