Rounded
METROPOLIS Analysis(Rounding Bottom)!Rounded Bottom Pattern in Metropolis!
50 EMA 100EMA Crossover!
Golden Crossover 50 EMA and 200 EMA?
METROPOLIS has made a Rounding Bottom Pattern in a Daily Timeframe. We can see the fluctuations in Volume, after the price reaches the bottom it diminished, and after the rally, it gained. The previous trend was a clear downtrend after this stock gained momentum and showed an uptrend now it is trading in the parallel channel and it is trading around its neckline. We should wait till it breaks the parallel channel as well as the neckline, the interesting thing is 50EMA crossed 100 EMA and now it may cross 200EMA so we can see the Golden Crossover. After the golden crossover, we may expect a long-term uptrend in the METROPOLIS.
Entry = Above 1492.10
Stop Loss = Below 1419.30
Target = 1790.15 and 1879.35
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 ratio
4)Don't trade with full capital
FAIRCHEMOR Analysis(Rounded Bottom)!NSE:FAIRCHEMOR Analysis!
FAIRCHEMOR Analysis on Daily Timeframe!
Rounded Bottom Pattern Formation(Rare Pattern) in FAIRCHEMOR!
Rounded Bottom Pattern with RSI and Volume Analysis!
FAIRCHEMOR has made ROUNDED BOTTOM PATTERN on a Daily timeframe. It was in a Downtrend before. It has made a bottom and reversed with Rounded Bottom Pattern. RSI is also in Trending upwards and taking support on Support trendline. If we see volume at the bottom, it diminished at the bottom but during this price was trading within a range. We can expect further upmove in FAIRCHEMOR if the daily candle breaks and closes above 1365.15.
There has been a gradual shift from a downtrend to an uptrend; there may be a sharp rally ahead. The Rounded Bottom represents a slow and gradual reversal of the trend from down to up. We can expect the Turnaround in FAIRCHEMOR .
Thank You!
Entry = Above 1365.15 but candle needs to be closed above it.
Stop Loss = Below 1140
Targets = 1) 1693.25 2) 1904.80 3) 2082.50
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
HINDALCO-- UPDATE : Rounded Bottom Bullish chart pattern. HINDALCO ---UPDATE : 06/03/2023 -- ROUNDED BOTTOM BULLISH CHART PATTERN --DAILY CHART
1. This is reference to previous idea of HINDALCO -- , we can see rounded bottom cup formation of chart ,
2. correcttion from 480 sub level sub to 400 level downtrend form, and after support formation of 400 level curve seen upside level .
3. 415 form as support , stock seen close around this level which is near by trendline breakout , if breakout candle seen then stock will be at bullish zone . for target 440-480 + as mention in previous idea.
4. Nearest support level 404-408 , resistance 425-440
5. CCI , EMA bullish crossover seen ,
** . arrow indicate rounded bottom formation levels.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING !!
Pattern in Formation :Radico KhaitanIn NSE:RADICO the Rounding bottom is in Formation. Long side can be taken after the breakout of neckline. The Price Objective for the same will be the Height of the rounding bottom to the neckline (If the pattern is completed). The stop loss for the same can be determined after the completion of pattern.
Will the pattern complete?
* It is my Analysis and not Buy or sell recommendation.
GNFC Weekly Roungding BottomGNFC: CMP 485.95 - Weekly Chart = Bullish for Long Term
Perfect Rounding Bottom in GNFC Indicates Possible Breakout
Running Pattern : Rounding Bottom
Trend : Bullish
Important Support 451.00
Target : 505-518-525-547.50 ATH breakout 548.50.
CMP : 485.85
Buy@ 491 Stop loss 471.00
Rounded Bottom Breakout in GESHIPA nice rounded bottom pattern has been formed and had broken out the supply zone of 380 with a nice and big green candle and above average volume. RSI is little extended upwards, but when we see the past RSI value of this stock, overbought area of RSI is near 80 so it is ok that way. Aggresive entries can done at the close of the candle or above the high of the current candle next day with a stop loss below previous swing low or the low of the breakout candle with a target of 440 which is previous high and could act as a ressistance. And for a safe entry wait for the price to consolidate near breakout zone or the RSI value to come near 60 and enter when it bounce back upwards.
GMR INFRA --ROUNDED BOTTOM -- BULLISHGMR INFRA -- DAILY CHART -- ANALYSIS
1. Bullish Rounded bottom formation at Daily chart
2. trendline breakout seen around 36.75 level recently which is bullish indicators
3. same pattern follows target can seen 40-44-48 as per chart setup
4. RSI Seen near 60 level currently 57.8 at closing above 60 will strongly bullish .
5, suppoort and resistance level define as S And R in chart setup
BUY GMR INFRA between 36-38
TARGET 40-44-48
STOP LOSS 28
88 THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk
HAPPY TRADING . !!
Rounding Bottom Pattern4 Year Long Rounding Bottom Pattern
If weekly price gives breaks out above 500 with high volume and confirm the same with closing of candle, then only one should enter into the stock.
Disclaimer: This is for Educational purpose only, you can observe and learn this trade strategy and build confidence in your decision making while looking to enter in a potential trade on your own.
Don't take this as Trading advise, consult your financial advisor for any trading decision. We are not responsible for your profit/loss.
INDUSIND Bank- Rounded Bottom in Daily Charts & Morning Star The following Chart shows Rounded bottom for Indusind Bank, also a Morning Start Candlestick pattern is formed on the weekly chart.
Other Indicators also indicate Upside Movement (RSI & MACD)
Recent Breakouts of Nifty Will also help push this stock price.
Coal INDIA | Round Bottom | Parallel Channel | Wedge pattern 🎯⭕ positional Trading opportunity ! Daily Chart Alert !!! ⭕
--Buy above =139 or CMP
--Target = 183.10
--Stop-loss =126.60
--Lot Size = 6100
--R:R = 3.52
--Expected Profit = 11,16,000 ₹ per lot (31.63 % )
--Expected Holding = 3-6 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) 200ema breakout & retracement .
2) rounded bottom pattern at all time low .
3) parallel channel breakout
4) wedge pattern as well .
5) Fundamental looks good & technical indications are in buy mode.
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