* Rounding bottom breakout with high volume in weekly chart . # Self Explanatory Chart set up .
What 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.
Nice 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.
The 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.
We 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.
On Friday we saw the entire sector moving, (Panama Petro, Manali Petro). Hopefully the momentum will continue next week too.
vivimedlab forming rounding bottom in monthly chart can be good buy oppertunity once break resistance line
Maxhealth:- CMP 239, Looks Good for 260 Invalids below 228
Buy 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.
Bullish 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.
Logic 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.
* Made a rounding Bottom and breakout with high volume .
* 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 .
PRISM JOHNSON LTD. ROUNDING BOTTOM BREAKOUT FOLLOW US FOR DAILY UPDATES
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
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
PHILIPCARB:- BUY AT CMP 200 TO 180 TILL Accumulate For 275,350++ With Stop Loss 165 DCB