Rounding Bottom Pattern on Weekly TFRounding Bottom Pattern on Weekly TF
ETHERUM to outperform Bitcoin in upcoming times as the price action tells.
Disclaimer: view for educational purpose only, not to be taken as trading advice.
Roundingbottom
IFGL Refractors || Fundamentally backed || Udega Stock?Hi fellow trader,
I have marked all the points I have considered and can see accumulation volume in the trade. It is a high reward low risk trade if played well post the channel breakout.
Keep your charts and mind clean! Shoot any doubts if you have.
Regards,
Abhishek Singh
THIRUMALAI CHEMICALS - Retest1. Price formed Big Round Bottom pattern from Jan 2018 to Sep 2021
2. Stock rallied 40% after breakout from big round bottom pattern.
3. Price retraced to breakout zone and trading at support.
4. Also, price took support at EMA 20.
Good Opportunity for Swing trade with long setup - good R:R 2.7
Entry: 246-250
Target: 335
SL: 213 (Weekly Closing Basis)
Intrasoft weekly Runding BottomIn intrasoft tech 350% upmove is possible
this view is for only study purpose
Chart Analysis of Pricol Ltd (12 Dec 2021)Textbook style rounding bottom pattern.
Breakout also done on weekly basis.
Target : 227
SL : 120 WCB
Only for educational purpose. Not a recommendation.
Pricol weekly chartThe perfect rounding bottom pattern in weekly chart. the target would be 350 in a year
Lovable Lingerie Near Monthly BO | 50%-90% UpsideNSE:LOVABLE
Current Price near Breakout Neckline on Monthly Chart.
If December 2021 Monthly Closing is above 210-212 zone then BO is confirmed.
Upside : 50% - 90%
Next Targets : 253 - 293 - 382
SL : 160
Monthly RSI > 60
Selling Pressure from 382 to 30 now over.
Chart Analysis of Gravita (8 Dec 2021)Rounding Bottom pattern formed.
Breakout and retest both done.
Next upmove starts.
Target : 360+
SL : 190 WCB
Only for educational purpose.
AB Capital | Flag BO | Golden Cross Over | 25%-50% PotentialNSE:ABCAPITAL
Flag Breakout CMP > 112
Tgt : 140 -148 - 168 - 192
SL : 99
Potential : 25% - 50%
Golden Cross Over and RSI > 58 on Weekly Charts
GLENMARK case studyGlenmark spot cmp 530
weekly time frame
Elliot wave study
Rising parallel channel structure
RSI with divergence
Inverted head and shoulder pattern
Rounding bottom formation.
all studies applying ,for long term view on chart,,
looks attractive seeing the chart
Lets see whats there in store..
IRB LOOKING BULLISHIRB(W): Looking bullish with rounding bottom & volume spike along with golden crossover on longer time frame. Can be bought at cmp 200-205 for targets of 330/350/400.
STEL FOR MINIMUM 25%TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Gokul Agro resources rounding bottomGokul agro forms rounding bottom with tringle pattern BO, it may test 63 soon
HERO MOTOR CORPNSE:HEROMOTOCO is good fundamental company.
on a daily time frame stock is making rounding pattern, and taking very strong support from the 2640 level.
and also making double bottom at the downtrend
one can add this stock for short term target of 2951.
NSE:BIOCON Rounding BottomNSE:BIOCON
#BIOCON formed Rounding Bottom
Post sustainability confirmation one may try 370 CE
NHPC - Rounding bottom on Weekly chart NSE:NHPC
NHPC is forming a Rounding bottom on weekly chart.
Target of 15 Points 50% upside in 10 Months
Buy WELCORPAccording to chart anylasis its making cup with handle patterns with very good volume its good sign for bullish trande.
Buy @150 or above
Target : 165-180++ very soon !!
LAXMI ORGANICSNSE:LXCHEM is a good company from the chemical sector.
on daily time frame stock is making rounding pattern.
and taking strong support from the 404 level. and, it has made morning star at the bottom of the trend.
one can buy this stock for a short-term target of 563.
ORACLE FINANCIAL SEVICESNSE:OFSS is a very good fundamental company.
right now stock is making rounding patterns in a daily frame.
and taking strong support at 4399.
one can buy this stock for a short-term target of 4930.
POSITIONAL TRADING WITH STRONG STRUCTURES (BASF INDIA)There are many ways that one can trade in markets and make money but the best way one can make money from trading stocks is positional trading where one catches big moves with fewer efforts and time and it's not stressful as compared to intraday and swing trading.
So here I am sharing a Trade analysis of BASF INDIA which explains How you can combine price action, Market structures, and smart money concepts together to find the best high probability setups possible to trade.
Trade Analysis I have shared on charts
Hope you enjoy and learn something new from it👍
FOR MORE IDEAS PLEASE SUPPORT BY SHARING THE ANALYSIS AND DO FOLLOW AND LIKE. IF ANY DOUBT ARISES DO COMMENT DOWN BELOW I WOULD LOVE TO HELP YOU.
- Pranesh Sahoo
India Cements - Wait for 230 levelsRounding Bottom Structure in Place
Wait for the weekly close above 230
INTELLECT - Rounding bottomNSE:INTELLECT
INTELLECT - Rounding bottom
Target - 850+
T2 - 1200
SL - 620
