* 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 .
GPIL(Weekly) :- Buy on dip Till 680 to 580 With SL 520 (WCB) for Target 1000
Buy at Rs 1560 and target = Rs 1600.
Formerly 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
Rounding Bottom, Cup and Handle, Double Bottom all rolled into one chart on ITC (weekly basis). The depth of the cup is around 80. That means it should go till 240+80=320 once the breakout is achieved. Strategy: Buy levels:195-210 (due to recent Rs 5 Dividend). Hold till atleast 300. Time Frame:1-6 Months (Only for illustration purposes. No buy/sell advice.)
CMP 511. Waiting for the 4 digit by December 2021.
BASF has formed a rounding bottom pattern in weekly TF. Need to close strong above 2300 level for further momentum in short to medium term.
index at all time high but stock are not. the line adjacent to base is sl and target can be 2013 or 2018 highs.
Beml is trying break its resistance which it has tested multiple times. Various pattern is attached for the reference. Cup and handle Pattern:- Inverse Head and Shoulder Pattern:- One other pattern which is rounding bottom pattern:- Above all this we can also look at volumes at current price which is rising which is indicating for further...
Fundamentals : ------------------- - The whistle blower case got settled down - Stock was on 3 years consolidation - Now it's on the same resistance level of 654 after 2018 - Chances are very high for Break Out Technicals : --------------- - Rounding bottom formation in the weekly chart - Bullish candlestick pattern ( Morning Star ). - if it crossed the...
resistance line break based buy above 355-54 range narrowing - ascending triangle 2 rounding patterns disclaimer - trade @ own risk
bombay dyeing made rounding bottom pattern and broke out and reached pre covid highs and is consolidating for few weeks now, if it breaks now can do the magics beautifully like its peers! also same is happening on monthly charts which can be useful to study!!!
#HAPPSTMNDS BO on daily chart above 376 levels Details in chart.
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