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Roundingbottom

Hi Tech Pipes (weekly chart) - Short term (1-3 months)#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 & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:HITECHLong
by moneyfesttrading
METROPOLIS Analysis(Rounding Bottom)!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 and showed an uptrend now it is trading in the parallel channel and it is trading around its neckline. We should wait till it breaks the parallel channel as well as the neckline, the interesting thing is 50EMA crossed 100 EMA and now it may cross 200EMA so we can see the Golden Crossover. After the golden crossover, we may expect a long-term uptrend in the METROPOLIS. Entry = Above 1492.10 Stop Loss = Below 1419.30 Target = 1790.15 and 1879.35 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NSE:METROPOLISLong
by Avinash9087
MMTC's Rounding Bottom BreakoutHere'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 stays above 43, a key level indicating pattern strength. This is a medium-term trade with targets set around prior resistance levels and the rounding bottom's projected completion near 65. Remember, this information is for educational purposes and not financial advice. Manage your trades wisely and consider setting appropriate stop-loss levels to manage risk.
NSE:MMTCLong
by sandeshprabhu85
2
WIPRO LONG TERM INVESTING OPPORTUNITYBullish 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 approx 1 yr **RR:13 **Growth Potential 72% ** Note: In rounding bottom pattern, speedy growth happens in the later phase, do not exit early. You can trail your SL but not very tightly as rounding bottom pattern may give deep pullbacks that may through you out of the trade.
NSE:WIPROLong
by jvashisht1
2
Capitalizing on Rounding bottom 📈 Symbol: AMBER 📅 Timeframe: Daily 🎯 Entry: 2575 🎯 Targets: 3007,3406,3833 🛑 Stop-loss: Below 2444 Introduction: Greetings traders! Today, we're presenting a compelling trading opportunity based on a Rounding Bottom pattern breakout. Our selected stock is AMBER, and we're aiming for impressive price targets at 3007,3406 and 3833. Let's dive into the details of this potential trade setup. Rounding Bottom Breakout Analysis: 1. Rounding Bottom Formation: Over the past months, AMBER has exhibited a distinct Rounding Bottom pattern on the daily chart. The gradual and rounded decline in price followed by a gentle upward movement indicates a potential trend reversal from bearish to bullish. The stock has found stability around the 2600 level, suggesting a potential breakout opportunity. 2. Confirmation of Pattern: The consolidation phase around 2605 serves as confirmation of the Rounding Bottom pattern. This accumulation of buying interest indicates that market sentiment is shifting from bearish to bullish, preparing the stock for a potential breakout. 3. Breakout Entry: Our entry level for this trade is at 2575. We recommend entering the market as the stock's price surpasses the resistance level, indicating a breakout from the Rounding Bottom pattern. This entry aligns with the anticipation of a new uptrend gaining momentum. 4. Target Levels: We have set ambitious yet achievable price targets: Target 1: 3007 Target 2: 3406 Target 3: 3833 These targets are based on the magnitude of the Rounding Bottom pattern and the potential momentum building behind the pattern breakout. 5. Risk Management: To manage risk effectively, we suggest placing a stop-loss just below 2444. This level is strategically chosen to provide some room for short-term price fluctuations while ensuring a reasonable risk-to-reward ratio for the trade. ************* The information provided here is for educational and informational purposes only. It is not intended as trading advice or a recommendation to buy, sell, or hold any stocks or securities. Trading stocks involves risk and can result in financial losses. Before making any trading decisions, it is essential to conduct thorough research, consult with financial professionals, and consider your own risk tolerance and investment goals.
NSE:AMBERLong
by ZoneFlow
Are you in Queue to Brew with Vishnu ?- Company is expected to give good quarter - Company has delivered good profit growth of 56.1% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 25.2% - Annual Revenue rose 30.8%, in the last year to Rs 1,406.2 Crores. Its sector's average revenue growth for the last fiscal year was 17.1%. - Annual Net Profit rose 67.8% in the last year to Rs 136.6 Crores. Its sector's average net profit growth for the last fiscal year was 6.9%. - Quarterly Revenue rose 0.7% YoY to Rs 338.6 Crores. Its sector's average revenue growth YoY for the quarter was 1%. - Quarterly Net profit rose 24.7% YoY to Rs 35.6 Crores. Its sector's average net profit growth YoY for the quarter was -27.8%. - P/E Ratio is 15.8, lower than its sector PE ratio of 47.9. - Return on Equity (ROE) for the last financial year was 33%, more than 20% in the last financial year. Pledged Shares Total promoter shareholding pledged was 41% in September 2020 It came down to 36% as of September 2022 Recently Promoter Pledge fell 32.2% QoQ taking the total promoter holding pledge % to 3.8%. Incorporated in 1989, Vishnu Chemicals Limited is in the business of manufacturing, marketing and export of Chromium chemicals and Barium compounds across the world. Located in Hyderabad, the company is serving more than 12 industries across 57 countries globally and has 40% market share of Barium Carbonate in India. The key raw material is Barytes. User Industries Their products are used in Pharmaceuticals, Automotive, Wood, Leather, Paper, Ceramic, Construction, Metals, Plastics, Refractory, Glass, Pigment, and Dyes. Industry Demand Drivers a) Chromium Compounds: 700,000 MTPA is the global demand for Chromium chemicals growing at 6% p.a. India’s demand would be around 60,000 MTPA which includes SDC and its derivatives. b) Barium Carbonate: Global Barium Carbonate market size is USD 575 M growing at 6% CAGR. India’s demand is about 35,000 MTPA. CAPEX For the Chromium business, debottlenecking has led to a capacity increase of 10,000 TPA, an increase of 14% on existing plate capacity. Production started from Q2FY23. The total upgradation required an investment of Rs 30 Cr. For the Barium business, Brownfield expansion to introduce a new speciality chemical to aid Barium portfolio diversification is on track and is expected to be commissioned by Q1FY24. Total investment required is Rs 90 Cr.
NSE:VISHNULong
by CannySunny
6
Bullish Flag & Pole confirmed on EquitasA bullish Flag & Pole Breakout pattern activated on the 2 Hour chart of NSE:EQUITASBNK Equitas Small Fin Bank. One can create a fresh position in NSE:EQUITASBNK at 93 with a stop loss of Rs.89 for a target of Rs. 103. Exit the position if the stop loss triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:EQUITASBNKLong
by raigvivek
Keystone Realtors (Rustomjee), BullishThe stock had been in downtrend since its listing. Had made Inverted Head & Shoulder Pattern after listing but was unable to sustain, however continued the downtrend forming rounding bottom pattern. Now, the stock has given 6month breakout. Even though earlier Inverted H&S pattern is invalid, I have shown intermediate targets based on the same. All levels shown on the chart, are only for educational purpose, not any trade recommendation.
NSE:RUSTOMJEELong
by aquarianup
1