An Rounding Bottom Chart Pattern Breakout happened on the weekly Time frame of NSE:KPRMILL Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned on the charts. Stop loss will be...
1. Big rounding bottom pattern 2. Breakout trading 3. Trend is bullish 4. Risk to reward is very good (1:6)
#Hitech #breakout #roundingbottom #vcppattern HITECH : Short term (1-3 Months) >> Breakout Candidate >> Rounding Bottom / VCP Pattern >> Good Volumes & Strength in Stock Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations &...
- Company has reduced debt. - Company has delivered good profit growth of 451% CAGR over last 5 years Greenpanel Industries Limited is engaged in the manufacturing of plywood, medium density fibre boards (MDF) and allied products. It enjoys a leadership position with a 27% market share in the organized MDF segment.
Policy Bazar Looks good for 1250-1300 with support at 700 While resistance and breakout zone at 812
-Company is almost debt free. -Company is expected to give good quarter -Company has delivered good profit growth of 34.9% CAGR over last 5 years -Company has a good return on equity (ROE) track record: 3 Years ROE 34.6% -Company has been maintaining a healthy dividend payout of 43.0% -Debtor days have improved from 158 to 118 days.
Standard Cup and handle Pattern on Weekly Chart. Retracement from key dual supports. Downside is almost arrested. Low Risk High Reward. Slow Mover. Momentum will pick up later as MACD is turning bullish too.
- This Company needs no introduction at all. - The larger picture is that of a Pole Flag Pattern. - It can also be said that a cup is in formation. Within the larger pattern, a Volatility Contraction Pattern has been witnessed. At least 14% profits are clearly visible for the taking.
After correction rounding botom pattern formation and now share is the brackout level, if you are watching in the banking stock this is currently good level
1. Trend - Turning bullish 2. Base Building- 15 months consolidation 3. Breakout - Yet to confirm 4. Pattern- Rounding pattern - Multiple formations 5. RR - Lucrative with very good RR
Rounding Bottom pattern complete. There has been a good rally to the top of the Cup. Some cooling down can be witnessed here in this counter.
1. Big rounding bottom pattern 2. Price is trading at its ATH range 3. Trend is bullish in all time frame 4. RR is lucrative
JSW energy - 425 Rounding bottom breakout and ready for 640 levels Support at 360-350 levels
IFCI is looing good for long Term, if price sustain above 19 Target: 27
Stock is trading at all time high and formed a Price Action Pattern Rounding Bottom, wait for stock to give a strong Breakout. CMP : 678 Target : 757 Target 2: 853 Target 3 : 963 Stoploss : 639 This is not a buy or sell call, this analysis is shared for educational purpose.
Rounded Bottom Pattern in Metropolis! 50 EMA 100EMA Crossover! Golden Crossover 50 EMA and 200 EMA? METROPOLIS has made a Rounding Bottom Pattern in a Daily Timeframe. We can see the fluctuations in Volume, after the price reaches the bottom it diminished, and after the rally, it gained. The previous trend was a clear downtrend after this stock gained momentum...
Here's an exciting trade prospect in MMTC. A clear rounding bottom formation is evident on daily and weekly charts. The recent surge above the robust resistance at 42.05, coupled with substantial volumes, marks a notable breakthrough. Anticipate a possible retest after breakouts, keeping a close watch on closing prices. The setup remains valid as long as MMTC...
Bullish on Wipro for the long term coz: 1. Rounding Bottom Pattern in Weekly TF. 2. Crossing 200 dema 3. Breaking 10-month-old resistance 2nd time in a daily timeframe with an increase in volume and holding on 4. Trend: UP Trend in daily pattern; making HHs and HLs over daily TF trendline **BUY @ 417 **SL @ 395.75 **TGT 1 @ 610 **TGT2 @ 720 **Holding Period is...