Roundingbottom
GAILGAIL has given a breakout above 157 with good volume in today's trading session is a good long for targets of 165-167 in the next session and 175-177 in few trading sessions hold it with a stoploss of 155.
Ascending Triangle and Rounding Bottom with Big Potential growthAll the details are being uploaded in video, kindly refer it.
Motherson Sumi ready to explode!Hey everyone!
There is a rounding pattern formation in Motherson Sumi. Go through the chart, it is self-explanatory. I'm long on this stock as fundamentally also it is very strong. The results are on 4-6-21. So keep it on your watchlist.
Feel free to share any reviews or feedbacks.
Disclaimer: This analysis is only for educational purposes.
Bata India - Monday Trade | 24th MayStock has formed a rounding bottom on 2 and 4 hour TFs
If stock sustains above 1505 for 3-5 minutes can easily achieve targets of 1525, 1535
⭐ Pipes are buzzing | Amazing pattern waiting to be traded As we are going towards 100 followers :) which I didn't even expect can happen so fast :) Thanks to all
OK so now talking of charts !!
Pipes and pumps are buzzing and such good trades cant be missed by u all !!
Definitely plan it as per your risk and trade it like a trader :)
Targets can be near-term fibo extensions or even long-term fibo ext as it's trading on all-time highs...
Have a good day ahead guys and happy trading as well :)
TORRENT POWER - Short/Mid Term View On Monthly candle Stock had broken major resistance zone and made new high in March.
Last month stock has taken support at the same zone (now acting as support) and risen again.
Looks good for targets of 475-500 if breaks ATH in next few days
Cosco played well! Could be a start of Bullish sentimentsBSE:COSCO is giving sign of rounding bottom after long years of wait.
SBIN: Beat the street with India's largest lenderSBIN has given a rounding bottom breakout with decent volume. All the Oscillators are positive. We can expect near term price movement upto 425-450, medium term upto 500 and beyond. I'm very bullish on SBI, because of its robust operating performance, loan growth recovery, strong deposit growth, outstanding asset quality and controlled slippages. As the Indian economy starts reopening gradually after peaking out of the second Covid wave, analysts believe that large bank stocks should turn out to be one of the top beneficiaries. My target price is of Rs 500 on this stock. Chart is self explanatory.
BLS : Reasoning behind my idea for Long term investmentIn this Video I have given clarity that How to I see stocks with Time Frame wise and with different types of patterns identifying..
Kindly Like this video, if you will like it, I will get motivation.....
Thank You
Rounding Bottom Pattern FormationNSE:BLS
Current Market Price : 113.65
Bullish above 114 Level closing about 1 day Minimum,
Target : 158
Stop Loss : 96.90 (1 day Minimum Closing Below this Level),
Time Frame : Within 90 Trading sessions roughly as per Technical Analysis Principles.
Logic behind this idea:
(1) Rounding Bottom formation on daily chart,
(2) Price Volume confirmation.
Disclaimer
Risk is Yours and Reward is too yours totally. This idea is being posted here by me for educational purpose only.
Thank You.
Asian Paints 5mth Rounding Bottom BreakoutSector on the move.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
La Opala 3yr Rounding bottom / 8mth Channel / Approaching ATHShot up on earnings day.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
MCX (Multi Commodity Exchange) Rounding BottomMCX (Multi Commodity Exchange) is an exchange where commodities like precious metals Gold, Silver as well as Aluminium, Copper, Nickel and Crude Oil, Natural Gas Futures and options are traded extensively. It is a safe stock to invest. Since, commodity trading is gaining popularity, it is beneficial for MCX as a mediator.
Technically, MCX has formed Rounding bootom and given breakout above neckline (1515-20) and it retested these levels after some candles and it is currently trading as the neckline support, any dip towards 1480-1450 is good buy (Divide buy quantity in two parts!) with SL 1400 closing basis. Targets could be 1600, 1700 1800++
(Disclaimer: Do your own analysis, not responsible for profit or loss, I am not SEBI registered)
KEI Ind ~2yr Rounding Bottom / Ascending TriangleMoving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Minda Corp - 1.5yr Rounding Bottom / Ascending Triangle BreakoutAuto ancillary sector has started its move. Volumes coming in.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
BASF India - 2wk Wedge Breakout on 4yr Resistance lineTested the breakout area twice on weekly chart as well.
SL: Below BO candle
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
Note: I reserve the right to be wrong.
For educational purposes only.
Advanced Enzymes - 3wk Darvas Breakout at 5yr Rounding Bottom Consolidated for a good 3 weeks, now ready for a breakout (unless market throws up any surprises)
Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
UMANG dairy week chartUmang dairy weekly chart give rounding bottom breakout and flag break out so can give good moves for short term targets of 80,90
