Roundingbottom
Can we seek upside from here ?Hello Everyone, Happy New Year to you one and all here and as you can see here how this rounding bottom when ended took support of the previous gap and tried to push itself up also have you found it before me or not tell me in the comments and make sure to follow and like bye
Uptrend Continues in MAS
Good Day,
Hello Traders,
See how beautifully it is following Fibonacci Levels as the rounding bottom is completed
Now the next targets lined up are 909/ 971 / 1048 / 1188
Time Frame: Daily
Hold for 8 to 12 months.
It also depends how market behaves, however the trend and the sentiment is
bullish .
Chart Self Explantory.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
GNFCGNFC:- Rounding bottom pattern has been formed, breakout has also been given, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
PRICOLLTD - Breakout With Strong VolumeIt might be referred to as a darvas box breakout, a resistance breakout, or you can call it a rounding bottom breakout.
Strong volume and a bullish breakout candle indicate that buyers are clearly in control. Stock is rising and is currently trading at a record high.
Aggressive traders can plan entry above today's high and place Sl below Support Zone, which was resistance. Additionally, conservative traders can plan their entry at the breakout's retest.
I genuinely hope that you will find my analysis useful. If you believe this analysis is beneficial, please Like it and follow me on TradingView for more analysis like this.
UBL VCP PATTERNOne can add 25% position 1787 and if price retrace add more. A classic VCP pattern.
hart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above 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.
Precision Wire: Rounding bottom with momentum and volumeNSE:PRECWIRE has the follow features:
A clear rounding bottom consolidation
Then a breakout with a green hollow candle.
Volume is higher than average (vwma)
RSI is entering into 70 (OB) zone.
BUT See the price made a higher high compared to 10th Nov candle, but RSI is low compared to 10th Nov. So, a weaker negative divergence may be forming.
Trade : Buy above 116, SL: 107, T: 121/126
Sell below 107, SL: 110, T: 100/96
Adroit Infotech LimitedADROITINFO:- 4 year breakout soon. Buying volume was good keep an eye on it if breakout is found good stock for short term
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ATGLATGL:- formed rounding bottom pattern and also breakout the resistance level. consolidate buy on current level. but strict Stop Loss. Go for short term target......!!!!!!!!!
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
KIRLOSENGKIRLOSENG:- formed rounding bottom. weekly breakout and consolidate. keep on radar. good stock keep accumulate.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Kotak BankKotak bank has been under-performing the bank nifty index a lot. Bnf is giving more than 23% returns from June 2022 lows whereas kotak is still giving only 16% or so returns as of today from the same June 2022 lows. Thus it is lagging in its relative strength and might be a good opportunity if script closes above 1950 with huge volumes then it can certainly tough ATH again.
Happy Trading :)
Disc: Chart posted only for learning purpose.
TITANTITAN:- Formed rounding bottom pattern in weekly chart.
If this resistance break. go for long
keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bullish saucer pattern breakout in Arvind FashionHere's another chart I am sharing for educational purpose where I see a bullish breakout and a potential 30-40% gain.
Entry - CMP : 370
Target - 490
Duration - 3 months to 1 year
Stop Loss - Weekly closing below 330.
Kindly note that this is not a recommendation and only for educational purpose. Invest only after your due diligence.
Jindal Photo: Rounding Bottom BreakoutNSE:JINDALPHOT has a nice, copy-book rounding bottom formation.
It has the following properties in the chart:
A perfect Rounding Bottom formation.
A perfect ascending triangle formation.
Buy above 420 with a SL to the neckline of the rounding bottom (i.e. 400). Below that the SL can be revised to 394.