TCS - Rounding Bottom - May turn into Cup and Handle TCS has steadily formed Rounded bottom. However, it is tilted upward. I am unsure whether this still can be considered as an acceptable Rounding Bottom. Can someone please validate?
Rounded
MOILRounded Bottom Pattern formed in a downtrend.
Waiting for the charts to close above 200.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
The Hi-Tech GearsBullish pattern with 3 falling wedges followed by symmetrical triangle which gave a breakout. The target is 520 levels. Once 520 is achieved a rounded bottom pattern would be formed. Post that we have to wait for the charts to break the neck, for further upside.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
combination of cup and head shoulderswe can observe there is combination of inverse head & shoulder with cup pattern or rounded bottom
allcargo round bottom formationAll cargo formed a round bottom with depth of 45 pts from neckline to the bottom in 7 months with the formation being complete at 200.45 . A tgt of 245 can be seen in mid term with entry points being above 200 on closing basis and stoploss below the low of the breakout candle
MRF - round bottom is time for long?MRF formed Round bottom. The current trend in ascending channel. So expecting a breakout from the resistance at 69830. Once it broke it is resistance it will be good for long.
Height of cup 8269
Neckline 69830
buy above 70500
Target 1 78099
CBSL 69825
Rounded Bottom on EURUSD Rounded Bottom pattern formation on EURUSD and it will break on upside.
Trade:
Buy above - 1.15315
Target 1 - 1.19027
Target 2 - 1.22900
Stop Loss - 1.09915
Bank of Maharashtra - Rounding Bottom - New channelLong term downtrend broken in Weekly charts
Rounding bottom complete.
Stock seeing strong volumes these days
Buy above 38 and Trail SL
