Roundingbottom
Bandhan Bank - Rounding Bottom Chart PatternBandhan Bank has recently formed a classic rounding bottom pattern after an extended long-term downtrend, indicating a potential shift in momentum from bearish to bullish. This basing structure suggests accumulation at lower levels and a possible trend reversal setup.
Pattern Activation: The rounding bottom pattern has triggered a breakout above the neckline resistance of ₹157, accompanied by a volume spike, confirming initial buyer interest and pattern validity.
Lack of Follow-Through Volume: Post-breakout, follow-through buying volume is missing, which raises caution. This could imply either a pause before further upside or an imminent retest of the breakout level around ₹157.
EMA Crossovers:
Bullish Crossover observed as the 20 EMA has crossed above the 50 EMA, suggesting improving short-to-medium term momentum.
However, price remains below the 200 EMA, signaling that the primary trend remains bearish. Sustained trading above the 200 EMA would be needed for confirmation of a longer-term trend reversal.
Risk Management & Strategy:
Cautious Optimism: While the breakout is promising, the stock remains under the long-term moving average and may face selling pressure at higher levels.
Retest Strategy: A pullback to ₹157 (neckline) could offer a low-risk entry point, especially if supported by bullish candlestick confirmation and renewed volume.
Staggered Investment Approach:
Do not park all your money in one go. : It is advised to invest in tranches, monitoring price action closely, especially near the 157–160 zone and at the 200 EMA level.
Conclusion:
Bandhan Bank is showing early signs of a technical base formation and potential trend reversal, but confirmation is pending due to lack of sustained volume and price being below the 200 EMA. The stock warrants close monitoring for a successful retest and possible breakout continuation. Investors should remain cautious, disciplined, and adopt a phased allocation strategy.
#KSCL - VCP BO in DTF📊 Script: KSCL
Key highlights: 💡⚡
📈 VCP in DTF
📈 BO with Volume
📈 MACD gave a Bounce
📈 Price consolidated for 140Days
📈 One can go for Swing Trade
⚠️ Over All Market condition is bad, Practice paper trading
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE 1036 DCB
⏱️ C.M.P 📑💰- 1036
🟢 Target 🎯🏆 – 16%
⚠️ Stoploss ☠️🚫 - 8%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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CARTRADE TECH LTD - The Second Race.As linked below, the previous analysis of this stock achieved all the targets in 4 months. It also with stood the sell off in the markets and reclaimed its trajectory at the first sign of market reversal. These are traits of strong stocks. Technically in Stage 2, this stock could see even higher targets but lets set targets step by step. Timely profit booking is also an art. Today it kissed the previous ATH of 2021. Above that a fresh new trend begins.
Talking about fundamentals:
- Company has a low Debt to Equity ratio
- Healthy long term growth as Net Sales has grown by an annual rate of 25.90% and Operating profit at 46.24%
- With a growth in Net Profit of 48.16%, the company declared Very Positive results in Dec 24
- Infact the company has declared positive results for the last 11 consecutive quarters
- OPERATING PROFIT TO INTEREST(Q) Highest at 17.21 times
- PAT(Q) Highest at Rs 42.69 cr.
- Over the past year, while the stock has generated a return of 109.11%, its profits have risen by 39.4%.
- High Institutional Holdings at 74.79%. These investors have better capability and resources to analyze fundamentals of companies than most retail investors. Their stake has increased by 1.15% over the previous quarter.
Policybazar-A rounding bottom pattern of ATH breakoutPolicybazar has formed a beautiful rounding bottom pattern and is now looking strong for a strong bullish trend.
Stock belongs to new age startup category and investing has more risk associated compared to bluechip stocks.
ATH breakouts are usually explosive and can be considered for quick swing trade as well.A similar pattern was observed in Zomato and stock has given good returns since then.
Idea is just my personal opinion and not a recommendation.
RAJRATAN GLOBAL, POSSIBLE BREAKOUT CANDIDATERajratan Global, CMP 499, witnessed huge correction from ATH.
Seems like at the bottom of both rounding bottom patterns, one
from its intermediate level as well as another from ATH level.
Important Support & Resistance levels are marked. Trendline
breakout will also coincide with up movement in rounding bottom,
again with due respect to key price levels.
IRCON - Long Term ViewThe chart shows a technical analysis of IRCON International Ltd on a daily timeframe. Here's an analysis based on the visible elements:
1. **Price Action**
- **Downtrend:** The stock has been in a sustained downtrend for a few months, as indicated by the descending price channel (blue shaded area).
- **Breakout Attempt:** Recently, the price seems to be testing or slightly breaking above the upper boundary of the descending channel, suggesting a potential reversal or breakout.
2. **Support and Resistance**
- **Key Resistance Level:** ₹292.20 is marked as a significant resistance level.
- **Key Support Level:** ₹175.29 is identified as a crucial support level.
- These levels will likely act as turning points if the price moves toward them.
3. **RSI (Relative Strength Index)**
- The RSI is at **53.77**, which is near the neutral zone (50). This indicates no strong overbought or oversold condition currently.
- RSI above 50 could signal bullish momentum, especially if it continues rising.
### 4. **Volume**
- The chart shows decent volume activity around the current price level. Volume confirmation will be critical for validating any breakout above the channel.
### 5. **Projection**
- An upward trajectory is drawn (blue curve), potentially predicting recovery toward the ₹292.20 resistance zone and higher.
---
### **Trading Implications**
- **Bullish View:** If the price sustains above the channel's upper boundary with increased volume, it could indicate the start of an uptrend.
- **Bearish View:** Failure to break out or a drop below recent lows may lead to a retest of the ₹175.29 support level.
G R Infraprojects - Rounding Bottom and Dow TheoryA beautiful rounding bottom pattern.
The chart is making Higher High and Higher Lows.
When the macro-economic factors are negative, it is best to stick with proven patterns to increase the probability of a successful trade.
Infra space in India is a no brainer. Stoploss is pretty close so that once the trade is triggered on daily closing basis the risk reward ratio stays healthy.
Supriya- A breakout done for potential multibagger returns!Supriya Lifescience stock has given a beautiful rounding bottom pattern breakout in weekly TF
Stock has consolidated above the breakout level which shows strength of breakout.
Above 650, stock can fly towards 1000 levels.
Keep in watchlist. Not a recommendation.
Gabriel - Rounding Bottom patternA Rounding Bottom (also called a Saucer Bottom) is a bullish reversal pattern, typically indicating that the price is moving from a downtrend to an uptrend.
Rounding Bottom Formation: This pattern often forms over a long period and suggests that after a sustained decline, the asset is gradually transitioning into an uptrend. The price action forms a smooth, rounded curve, rather than a sharp, angular reversal.
Neckline Breakout: The "neckline" is the resistance level that is typically drawn at the top of the rounding formation, where the price has repeatedly failed to move higher. A breakout above this level is a key signal that the trend may be shifting from bearish to bullish.
Price Target: We are expecting that if the neckline is broken, the price could cross 500 level (a psychological round number), which suggests you’re anticipating a significant upside move once the breakout is confirmed. This is consistent with the typical behavior of a rounding bottom pattern, where the potential price target is often calculated by measuring the distance from the bottom of the pattern to the neckline and then projecting that distance upwards from the breakout point.
Trade Details: I am waiting for confirmation of the breakout before providing more details about the trade, including entry points, stop-loss levels, and exit strategy.
Vedl- Bullish from short term to very long termVedanta- First sign of bullishness shown after two months of fall. Always the lower timeframes indicates the change in trend. So lets start from the smaller timeframes.
1. 15 mins- Low to high and higher low is the first indicator of the bullish trend which can be seen now. Higher high and higher low is not formed clearly still as they are almost at the same level to their previous highs and lows.
1 hour- Formed double bottom because of the same levels of previous highs and lows in the 15 min timeframe. Breaking the resistance of 472 will take it to the target of 490 which again unleashes the Rounding bottom pattern.
Daily- After breaking the Rounding bottom pattern, the target of 533 will be achieved with the intermittent targets of 500 and 520. Weekly- Reaching each and every resistance will unleash the bigger and bigger rounding bottoms with the higher targets until 600 and 670 intially.
SIEMENS | Signs of Accumulation Siemens is a global technology company with a diverse range of products and services. Here are some key stats and information about Siemens:
Founded: 1847 by Werner von Siemens and Johann Georg Halske.
Headquarters: Munich, Germany.
Employees: Approximately 300,000 worldwide.
Business Segments:
Digital Industries: Automation and digitalization in manufacturing.
Smart Infrastructure: Electrical equipment and smart building technologies.
Mobility: Solutions for rail transportation.
Siemens Healthineers: Medical technology and healthcare services.
Siemens Financial Services: Financial solutions.
Global Presence: Operations in over 200 countries.
Sustainability Initiatives: Siemens is committed to sustainability and aims to be carbon neutral by 2030.
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅ Prior uptrend & Rounding Bottom
✅Breakout confirmed
✅Rise in Volume
✅Clear uptrend with HH & HLs sequence
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Rounding Bottom Breakout SoonNSE:POWERINDIA is about to make a Rounding Bottom Breakout breaking Key Levels Previously, and Conforming it's New Leg of Upmove. Keep in Radar.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Buy Tata steel round bottom breakout retest completeNSE:TATASTEEL Round bottom breakout strategy
Retest complete after round bottom breakout
Weekly chart
Big green candle formed at retest level
Volume rising
Stock is in uptrend
Do as directed in the chart
This is not the trading recommendation or advise 🚨
Do your analysis before taking any step 👍
Rounding Bottom in Rising Channel NSE:POWERGRID is Making a Rounding Bottom near its ATH in a Rising Channel giving Respect to 100 EMA with Heavy Volumes once breaking it, it will continue its uptrend Further ahead in days to come. Keep on Watch.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
CEAT LTD Hits 52-Week Breakout CEAT LTD just hit a 52-week high and looks set for more gains! 📈 Strong technical signs suggest the stock could keep rising, so it’s worth keeping an eye on for potential opportunities! 🚗💨
⭕️Price Action Analysis Alert !!!⭕️
💡Equity Stocks Trading📉📈📊
✍️Technical Reasons to trade or Strategy applied :-
✅ Bullish Trendline Breakout
✅ Trapped Buyers Strategy
✅ Supportive Moving Average
✅Strong Chart Pattern (Rounding Bottom & Inverted H&S)
✅Parallel Channel Breakout
✅All-Time-High Breakout
✅Strong Volume seen
💡Check out my TradingView profile to see how we analyze charts and execute trades.
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