Calm before The Storm* Rounding bottom breakout with high volume in weekly chart . # Self Explanatory Chart set up .
Roundingbottom
Panacea Biotec 3yr BreakoutWhat a beautiful breakout.
Look at the towering volume candles in the last 4 weeks.
Already tested the breakout area on Daily candle.
2000cr Market cap, Vaccine story.
Great order book. Good for 20% return in a couple of weeks.
Could potentially double in the next couple of months.
Cadila 4yr BreakoutNice chart. Broke out with Gap up. Testing the Break out area.
Can start taking positions as it starts to clean out the red Breakout candle.
SL: Breakout area, Bottom of the red candle.
Ineos Styrolution 3yr BreakoutThe chart doesn't need much explanation.
Good set up, good start of the weekly candle
with a nice Gap up, volumes coming in,
not much draw down by the end of the day.
It can breakout anytime, even tomorrow.
Zydus Wellness 19week Rounding BOWe see a pattern within a pattern here.
A low vol flat 1mth base within rounding bottom pattern.
Broke out conclusively with volume. Good swing opportunity.
TN Petro gearing up for a 4yr BOOn Friday we saw the entire sector moving, (Panama Petro, Manali Petro).
Hopefully the momentum will continue next week too.
vivi med lab rounding bottom vivimedlab forming rounding bottom in monthly chart can be good buy oppertunity once break resistance line
Just dial has a jackpot pattern emergingBuy Just Dial till 775 for target of 1100/1225. Classic consolidation pattern breakout above 775 on weekly chart with smart rounding bottom pattern. Move invalid below 750 on weekly closing basis.
Buy USD on dips for 78 to 80 rangeBullish rounding bottom on weekly charts on USD/INR. Buy USD till 72 for target of 78 to 80 range in coming months. Bullish triangular Breakout done here above 73.5 range too.
MRF is at crucial supportLogic
1) Very crucial support formed on chart, (earlier it acted as a resistance)
2) Rounding Bottom formation (denoted by yellow dotted curve) breakout happened and now it is testing its breakout. (I am slightly bullish due to rounding bottom formation)
3) Stock is in a strong up trend
My view is strong bullish keeping eye on it for any buying opportunity.
Rising Star of Pharma Sector * This Stock trading near its major support area (0.618) FIbonaccci retracement level and made a rounding bottom pattern . All technical evidence gives a bullish sign .
Bullish rounding bottom breakout on weekly charts Buy SHREE PUSKAR 165, till 140 for target of 200/225 and 275. Bullish rounding bottom breakout with volumes. Sustaining above 200ema with whole sector buzzing
Bullish rounding bottom breakout on weekly charts BUY GNFC, 325, TILL 290 FOR TARGET OF 370/430. Exit below 270 on weekly closing basis. Sock closed above 200ema with bullish flag pattern breakout after making rounding bottom consolidation
Chart Pattern heated the Price* Pattern look likes Morning Tea and made a big rounding bottom pattern and breakout happened with high volume in weekly chart . All technical evidence gives a bullish sign for this stock .
Kindly Let us Know if you have any questions .
HCLTECH 1D DOUBLE BOTTOMFormerly formed rounding bottom + throwback and then double bottom (intermediate) shows signal of strength. The only confirmation, waiting for is volume expansion after all time high breakout. Nonetheless bullishness is apparent NSE:HCLTECH
