Identified a triple bottom formation, which is a bullish chart pattern that suggests a potential trend reversal from a downtrend to an uptrend. This formation occurs when the price of an asset creates three distinct lows at or near the same level, indicating that buyers are stepping in to support the stock at that level.
There are two possible outcomes: either...
Nifty Falling Wedge formation on 30 min TF. Go long on breakout by keeping 17760 as your stop loss. There is also Triple bottom marked on the chart, which gives us double confirmation of reversal of trend.
1.Stock was on short term down trend making LH ,LL
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
ORIENT GREEN POWER CO LTD- DAILY CHART
1. Trendline breakout seen on daily chart recently
2. Triangle pattern breakout also can seen on chart
3. Double bottom formation seen, where both double bottom candles are hammer candle,
4. After hammer candle last closing candle is bullish green which confirm double bottom and trend reversal to bullish
5. wave trend also...
NIFTY on Daily Chart trend reversal doji candle seen at todays closing.. Trend reversal doji heikin ashi candle ..found when trend set either bullish or bearish ..and traders indecisive about current trend. last few days nifty corrected around 1000-1200 points from high 18400 now at 17100 bottom was made around 16800 that trend was confirm bearish but last 1-2...
1)From many days banknifty was correcting it's price.
2)Now that hourly resistance of 37000 is breaked.
3)We can expect a bullish trend if market moves out of this range.
NTPC found TREND REVERSAL on yearly chart daily time frame. green candle seen at 50 SMA Support after correction last few days whereas 20 SMA , 200 DMA at support level and also rising pattern .
Histogram also seen bullish trend reversal form.
BUY NTPC @ 138.10 ( above of previous day green candle high )
TARGET 142-145-150
stop loss 130 ( bellow...
Company : MIDHANI
Entry Price : 189.65
Stoploss : 170.65
Target 1 : 208
Target 2 : 218
MIDHANI at support zone and stock is oversold, expect a retracement.
may be aftr support 29 to 30k bitcoin will go high......if it forms MORNING STAR ON 4 HOURS TIME FRAME And MACD confirmation.....buy BTC ....FOR HOLD BUY HUGE
zeel showing strength on weekly chart with strong RSI +ve diversion plus trend reversal on weekly chart breakout retest also done on friday it completed apana wala candle formation on daily chart next 3 trading session it can give 5% move on upside on radar.
