DOUBLE BOTTOM (GALA)DOUBLE BOTTOM
Ah, the intriguing world of chart patterns! A double bottom is a technical analysis chart pattern that indicates a potential reversal in a downtrend. It resembles the letter "W" and occurs when the price of a security hits a low point, rebounds, declines again to the same or a similar low point, and then rebounds once more.
Here's a quick visual breakdown:
First Bottom: Price hits a low point after a downtrend.
Bounce: Price rebounds from the first low.
Second Bottom: Price declines again to the same level as the first bottom.
Second Rebound: Price rises again after the second low, often signaling the reversal of the previous downtrend.
Harmonic Patterns
Natural book 41 points profit on sell trade at 290 sold from 331Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
BAJAJ HOUSING FINBEARISH BAT VIEW- in daily chart it is clearly formed double bottom and maintain the position above 125 for the past few days, which is the previous lower low formed on 22 November 2024.
- when this stock reach and sustains above the support and resistant trendline (130) we can expect the breakout.
I don't recommend & taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
DMART BAT VIEW-This stock must take support in demand zone 1 because it has multiple time touch point.
- incase it doesn't support then this stock might fall continuously.
- may consider at demand zone
- At present this stock is trading 40% discount price from its all-time high.
- narrow range stock trading near monthly pivot S1
I don't recommend & taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com/pricing/?share_your_love=johnbritto2088
Blue Star Ltd - Breakout Setup, Move is ON...#BLUESTARCO trading above Resistance of 1782
Next Resistance is at 2154
Support is at 1445
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PB Fintech Ltd - Breakout Setup, Move is ON...#POLICYBZR trading above Resistance of 1698
Next Resistance is at 2158
Support is at 1231
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Firstsource Solutions Limited - Breakout Setup, Move is ON...#FSL trading above Resistance of 296
Next Resistance is at 380
Support is at 210
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Info Edge Limited - Breakout Setup, Move is ON...#NAUKRI trading above Resistance of 7465
Next Resistance is at 8877
Support is at 6338
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TATA MOTORS ANALYSEDHhere i mentioned TATA MOTORS supports and resistances.Don't get confused all this analysis is possibilitis not my buy/sell call so please keep in mind.And one more thing i would like to say that mentioned targets are not for days that will come in week or month.in this chart other conceps are uded axcept gann fan.Self analysis will be better then following others.
Banknifty buy on dip near 51500, Target 52050Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NIfTY at resistance area support 23990 , buy on dipDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas sell on rise avoid any buy trade at cmp ,Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
CRUDE oil levels sell below 6230 , avoid any buy at cmpDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Copper levels trying to make bottom, avoid sell tradeDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin support 95000, resistance 98200 , avoid buy at cmpDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold fall levels avoid any buy trade at current price Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#Banknifty directions and levels for January 3rd, FridayBank Nifty Current View:
The current view for Bank Nifty indicates that if the market initially pulls back after a gap-down start, it could signal the continuation of the pullback. However, we should wait for the previous high to break. If it does, the minor supply zone could serve as the minimum target for this pullback. Additionally, this zone acts as minor resistance, so some consolidation is likely around this level.
Alternate View:
If the decline has a solid structure, it could reach the 38% Fibonacci level in the overall swing. Structurally, we are in a range-bound market, so if it breaks the 38% level, it could reach a minimum of 50% to 78% in the current swing.
#Nifty directions and levels for January 3rd, Friday:Good Morning, friends! 🌞
Here are the market directions and levels for January 3rd, Friday:
Market Overview:
The global market shows a moderately bearish sentiment (based on the Dow Jones), while our local market leans towards a moderately bullish sentiment.
In the previous session, Nifty and Bank Nifty experienced a pullback, but compared to Bank Nifty, Nifty performed better. What can we expect today? The pullback structure suggests it could continue after some consolidation. However, the global market and some parameters do not support this, so we should approach it with caution. Let’s take a look at the charts.
Nifty Current View:
The current perspective based on the pullback structure indicates that whenever the market experiences a solid rally, it typically does not break the 38% retracement during profit booking. If the market opens with a gap-down, we could see a maximum correction of 23% to 38%. If the market finds support around this level, we can expect some consolidation between the previous high and the 38% level on the downside. After that, if it breaks the previous high, the rally will likely continue toward 24,324. This is the basic structure.
Alternate View:
An alternate perspective based on some parameters suggests that if the gap-down has a solid structure, it could reach the 50% Fibonacci level in the minor swing. However, even with a solid structure, we cannot consider it a correction until it breaks the 50% mark. If it does break that level, we can then consider it a correction. If it does not break the 50% level, it could maintain a bullish bias.
Silver fall come below 29.45 ,buy above 29.85Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold XAUUSD if break 2653 then fall will come , Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit