SBINSBIN:- ROUNDING BOTTOM breakout at 408.35 go long for 430 with Stop loss 399 hourly based.
#Disclaimer:-I just shared view for only educational purpose.
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)
double bottom/rounding pattern/resistance trend line based tradedouble bottom neckline break above 1310
buy for target 1327, 1345
pattern seen - double bottom, 2 rounding pattern, resistance trend line break
disclaimer - trade @ own risk
Long opportunity in CoforgeCoforge is making a good pattern on 2 hourly TF. Closing just at TL and made a rounding bottom pattern also
Above 2650 this can move till next three targets. Stop loss as per your risk. Can be intraday and swing opportunities. Levels mentioned in chart.
BERGER PAINTS: INTRADAY IDEABerger Paints have made a rounding bottom pattern and can be taken for long above 758.55
For Educational Purpose
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
rounding bottom pattern buy above 550 short term tgt 600 sl 470.. mid term tgt 685 and long term tgt 900.
Accumulate for Fantastic breakou. Happiest Minds TGT 400 420 450Cup and Handle with Rounding Bottom complete in Happiest Minds. Accumulate in 340-355 Zone. Stop Loss 330
Against the MARKET __Intraday ideaFor educational purposes
The stock makes rounding bottom pattern
& looking good to long above high of 1312.10
With strict SL of 1299.70
Follow Risk management
Book 75% at 1:1 rest trail
Be cautious trade is against trade.
Thanks
TCS - Valid Rounding Bottom? TCS price movement has formed a Rounding Bottom kind of pattern. I am unsure about its validity because, this formation is shallow. Can someone please validate? Regards,
HAVELLS POSITIONAL BUY - CONTINUATION POSITIONAL BUY @ 810 GIVEN FOR TARGET 1200 +
SO FAR GAVE 90 +
CMP @ 898
STILL MORE TO COME
HOLD , RISE, SHINE
disclaimer - for study purpose only
below shared idea 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..
PSE Index view : Mid term Bullish.PSE Index is being formed on Daily Chart a Rounding Bottom, It indicates price reversal to last resistance trend line...
So, It is in flavor in upcoming days...
Breakout in Tata ConsumerTata Consumer has given a clear psychological and a technical breakout after closing above 600 and completing the rounding bottom pattern respectively. One may consider going long and look for targets of 670-690 in the coming sessions. Stop loss should be placed at 570-580.
U.S DOLLAR DXY INDEX Good long candidate.U.S DOLLAR DXY INDEX CMP 90 LEVELS
Good long candidate at this levels.
Rounding bottom formation on weekly time frame support around 89.8 levels
Rising parallel channel support around 89 levels
View gets negated below 88.7 on closing basis.
Upside can move to levels 94-96-98-100-103.....
