GRAPHITE INDIA 1. GRAPHITE INDIA is entering into old boundaries as it gives a close above a crucial long term resistance and stock has formed rounding bottom creating a good base.
2. B/O @483 with more than avg Vol plus closing above it is a green signal.
3. If it sustains abv 483,
G0 L0NG @480-490
TRG @553/616
SL @424
Roundingbottom
[Educational] IRCTC Rounding Bottom Pattern Intraday AnalysisIn today's session, IRCTC has given a breakout of rounding bottom pattern. After this breakout, This stock gives quickly our projected initial target is 1750+ which is the height of rounding bottom pattern.
Traded position:
Buy Entry IRCTC at 1700-1710
Stop-loss 1680
Initial Target- 1750(1:2.5 risk reward)
stay long - reasoning belowmomentum rsi study
hourly=76 > 4h=73 > daily=70 > weekly=68
all big time frames above 55mark
as per this parameter - stay long till
daily rsi close is above weekly close
weekly time frame can be kept
as support trend line for long
rounding pattern neckling cross on 4hour tf
weekly chart below for reference
HSIL Swing Opportunity Go LongHsil Big Rounding bottom And up flag Breakout Go Long for Short Term
Entry at near and above 125.17 (major resistance Fibonnacci Levels)
1st Target -147 (Up Flag pattern target should be ideally acheived in 4-5 days after taking entry above 125.17 )
2nd Target -200
3rd Target -210 (Rounding Bottom Target)
RSI is also above 60 which is a buy Sign!
Recent Macd crossover for long
**Keep Trailing Stoploss**
**Been in Consolidation for good days,Time to give a breakout soon**
**Expecting a big UpMove In coming Days**
CESC crossing an important area CESC is going to close the week above a very strong weekly support and resistance zone with good volume. Also formed a rounding bottom pattern recently. Can go up from here and test the above resistance levels, which can be initial target, and upper weekly TL. Levels mentioned in chart.
Multiple patterns on Multi Time Frames - DHANUKADHANUKA has shown multiple chart patterns on different time frames.
Strong results posted in the last two quarters.
Monthly:
Rounding Bottom
Cup & Handle Pattern
Both these patterns are showing highest upside potential of 1550 levels.
Weekly:
Pole Flag
Pole Flag has a potential to reach 1330 levels.
Daily :
Triangle pattern
Triangle breakout shows signs to reach 980 levels.
This stock has taken strong support 700 levels, expecting this to retest 200DMA which is also close to that level.
Note: Keep this stock on radar..