Clean Rounding Bottom Pattern, Bullish View CMP 1433 Target OPEN SL : 1375 Risk is yours and Reward is too yours
Buy LTFIN 129 till 105 for 150/170/200. Invalid below 100 on weekly closing basis. Good rounding bottom happening with all indicators with positive crossover on longer timeframe. Golden crossover on weekly charts suggesting that we can see 50% upside
First of all you see monthly chart, stock create rouding pattern and already give good breakout - weekly chart below suggest us its flag pattern
Chambal Fertilisers and Chemicals Ltd has given a rounding bottom breakout on the weekly chart, which can open gates for 408, 451, and 484 levels. Also increasing volumes are seen on the weekly chart. #CHAMBLFERT Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making...
The stock touched its all time high 198 in Sept/Oct 2017 and has been in downtrend since then largely trading below its 200EMA. The stock has formed multi-year Rounding Bottom pattern, with another minor rounding bottom inside it. The short term, intermediate and long term targets & major resistance levels are indicated in the chart.
Aditya Birla Capital, AB Capital stock has seen huge correction (value erosion after IPO) from Yr 2017 upto Yr 2020, from the High of 255 to Low of 39 in the span of 3yrs. The stock rode the wave of bullish sentiments in the stock market after Covid19 and touched the high of 199 in July 2023. The stock is close to giving multi-year breakout (7yr) based on...
Kabra Extrusion has been in uptrend last 2yrs & witnessed correction in Yr 2023, though overall sentiments are positive. Price has crossed both the trendlines, along with rounding bottom pattern formation and is near the important level, which if crossed, will open opportunities for higher levels.
Sun Pharma- Big RB formed in monthly. The long term target is 2000. Wait for the monthly candle close above the resistance for double confirmation. Note: This is for educational purpose only and not a buy recommendation.
CMP is 2446 looking for big breakout Hold it for target of 2600-2800-3000 Forming Rounding Bottom 6 Year Consoliation Breakout
3I infotech- After a small cup and handle breakout in weekly. it formed a flag pattern and today this breakout is happening for the initial target of 60.. then in the longterm bigger targets until 220 is there which will take time and will be shared later once it reaches 120. Note: This is for educational purpose only.
TCS- On the process of forming a big cup in weekly. to complete the big cup it should break the parallel channel. To break the parallel channel, it formed a Rounding bottom in daily, the target of which is matching with the weekly cup top of 4039... 10 percent profit can be made in short term from the CMP. Note: This is for educational purpose only.
BAJAJFINSERVE broke above rounding bottom formation pattern on hourly charts with decent OI. Risk:Reward = 1:3 Could be bought with mentioned stoploss & target patiently.
Trendline breakout done for the target of 368, 400, 420 and 440. Rounding bottom breakout yet to be done. Note: This for educational purpose only and not a buy recommendation.
Nagreeka Exports- Rounding bottom breakout pending on monthly, C&H breakout pending on weekly for the target of 150. Entry after weekly candle close above 83 is advisable. Note: This is for educational purpose only.
Elgi rubber- C&H breakout done on monthly. Rounding bottom breakout pending at 71. Enter after weekly close above 71 for the target of 100 and 130. Note: This is for educational purpose only.
This stock has given a) parallel channel consolidation breakout b) Trendline breakout c) crossed 200EMA and also continuing to complete d) rounding bottom pattern suggesting nearest target of 1420, provided stock continues with the momentum to breach immediate resistance levels.
Pidilite Industries has given long trendline breakout and is moving towards completing rounding bottom pattern, with some major resistance on the way which if breached can reach higher targets.
Final Target is 53. Multiple Bullish patterns available in the chart. C&H breakout done and Rounding Bottom pattern avaiable. Note: This is for educational purpose only.