Adani Enterprises BreakoutNSE:ADANIENT
Adani Enterprises made rounding bottom pattern on daily charts....
For short-medium term it can move towards 2600-2800
Place stop loss below 2380..
Not a buying recommendation, Only for education purpose.
Roundingbottom
NIFTY - Triple Bottoms on uptrend - 5th Elliot impulsive waveI am seeing this in the NSE:NIFTY cash Daily timeframe.
Are you guys seeing the same? Or I am hallucinating (at 10:30 PM night J )
Observations :
3 rounding bottoms formed in an uptrend.
There is a clear ascending triangle
Now the interesting part is: if we take 20th June as the starting of the wave, then it is aligning perfectly to A, B, C, D waves. All the conditions are met (like wave-3 is max, wave-2 is 60% of wave-1).
Going forward
Ongoing impulsive wave-5 will be similar to wave-1. So the top is coming around 16575 .
The correctional wave-1 (Point-5 to Point-A) coming around at 16200 (Point-A)
The correctional wave-2 top (Point-A to Point-B) is coming around (some June-7 level) 16500 .
The correctional wave-3 (Point-B to Point-C) bottom coming around (similar level as wave-4 as in uptrend move) 15950 (Point-C).
Nifty 4H time frame AnalysisFormed rounding bottom pattern on 4H time Frame
If Nifty Sustains above 16067, one can enter for along trade
Targets- 16280, 16374
BLUEDART ROUNDING BOTTOMMakkale check Bluedart chart pattern and it breakout from rounding bottom pattern. Take decision as per your view.
MRF LTD_ROUNDING BOTTOM BULLISHMRF LTD seems like a Rounding bottom. It's Bullish pattern and also minor trend moving in rising wedge pattern. So, Its more probability to reach Tgt 76000.
Is this a Rounding bottom ?NSE: BAJAJCON
If Breaks Then The Targets could be Taken at 158
Time Frame :- 1 Hour
Patterns Name :- Rounding Bottom
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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BIOCON Rounding Bottom !!NSE:BIOCON
#NSE:BIOCON formed beautiful rounding bottom.
Good above 322
Happy LEarning !!
CG POWER STRONG IN THE STORMA breakout can come in cg power after forming a good rounding bottom pattern and then consolidating. A perfect triangle pattern formation is formed and if it crosses the upper trendline it can show a good move . Can be a stock in watchlist.
Nifty Analysis - Learning Nifty formed rounding bottom pattern. If it breaks resistance with volume then possible target is around 16200.
Nifty Auto Index - Cup and Handle Breakout Auto Index Getting Ready for Good Move.
Best Stocks to focus M&M, TVS Motors, Ashok Leyland.
BUY TORRENT POWERBUY TORRENT POWER FUT TILL 440 FOR 475,490. INVALID BELOW 435. Stock has tested resistance after completing rounding bottom with volumes.
MCDOWELL_N Rounding BottomNSE:MCDOWELL_N
#NSE:MCDOWELL_N formed rounding bottom and in consolidation whole day, high chances to BO and good above 828.5 with SL.
Only for Practice.
Happy LEarning !!
ASTERDM - Weekly Analysis - Swing tradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
USD INR All Time High BrackoutAll time high is the most important brackout this is the strong pattern before the brackout the prie make in the Rounding Pattern What is Your Target
RELIANCE Rounding Bottom !!NSE:RELIANCE
#NSE:RELIANCE rounding bottom !!
Good above 2645.
Happy LEarning !!
COMPINFO - Rounding Bottom Breakout#Compuage Infocom Ltd.
#Monthly Chart - Multibagger
#Retest Done
#Buy 29-30
#TGT 62 & 80+
#SL 23.50
#Promoters Holding 58.33%
WIPRONSE:WIPRO is a giant company from IT sector
in daily time frame Wipro is making rounding pattern, which Wipro follows very strictly
so, one can add this stock for short term targets of 680 and 720
ZEEMEDIA CORP GOING TO DELIVER 2X NOWPERFECT ROUNDING PATTERN IN ZEE MEDIA, 22, on weekly charts. Buy on dips for 42,45 and 50 plus levels. invalid below 15 weekly close.
Chambal Fertilizer - Cup and handleChambal Fertilizer:
Forming Cup and Handle pattern.
Breakout from previous high.
Technically the chart is showing strength, if today it breakout at close 515, then, as per the "cup and handle" pattern, a target 620 is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level and extending that distance upward from the breakout. Kindly note the upper trendline too.
Possible Rounding Bottom formation in Chamblfert In a day chart Chambalfert forming Rounding bottom formation and stock is in its all time high @493.50 So, if it break that 493-500 Range with good volume can go till 630 range. Fundamentally company is not bad but there is 19% pledge. So do your own analysis before invest.
Multi Bagger Stock : AMD IndustriesAMD Industries has BO of long 4 yrs base with 5x volume. Can be bought on every dips for the target levels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Weekly Rounding bottom possible in MINDACORPAll time high is 228.80 and stock is coming its all time high and formation rounding bottom. So wait till it breaks 228.80 with good Volume. If it breaks that range it can go till 400 range. Fundamentally company is good. Do your own analysis before investment.
BYKE #BYKE (W):- CMP 47.55 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
