NCC- Nagarjuna is Constructing a big CupNagarjuna Construction Company(NCC) is constructing a big cup for 2x returns. Once the resistance of 237 is broken, it will fly higher for the mentioned target.
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Roundingbottom
RAMKY (example of rounding Bottom)Only good example of Rounding Bottom for make all time High . for I am late for finding that stock . I also try to best of technically study .
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Gateway Distriparks-An investment pick!Gateway distriparks is India’s leading Integrated Multimodal Logistics company.
As Make in India is growing, India needs experienced logistics provider and Gateway fits rightly in it.
Stock has recently given ATH breakout with a rounding bottom pattern.
Company has sales growth of over 55% in last 3 years.
We can expect big returns in the stock once the trendline breaks. Positional traders can enter with trendline as the target.
Chambal Fertilisers and Chemicals (Rounding Bottom Breakout)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 any investment. It is not a buy or sell recommendation.
Kabra Extrusion_Probable Reversal CandidateKabra 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.
3i Infotech- c&h, flag pattern, RB3I 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- RB or Cup formationTCS- 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.
Tata Communication, Target 1420This 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.
Long setup in KPRMillAn 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 on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Rounding Bottom Chart Pattern
Technical Indicator :- Positive MACD Crossover