Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
USDT.D formed bullish which is going to cross resistance trendline makes more bleed in btc and altcoins.
PE Ratio is 15.4 vs Industry PE ratio of 82.6. - Annual Revenue rose 32%, in the last year to Rs 876.6 Crores. Its sector's average revenue growth for the last fiscal year was 26%. - Annual Net Profit rose 0.3% in the last year to Rs 68.1 Crores. Its sector's average net profit growth for the last fiscal year was 49%. - Quarterly Revenue fell 5.6% YoY to Rs...
NSE:VEDL Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. VEDL, 1D gave closing above Marabozu candle. The stock also formed triple bottom at 232 level and gave closing above neckline of triple bottom. Entry :...
Buying Signal in UBI with Three Green Hammers and Rising Lower Low. MACD cross over and RSI cross over supports the idea of buying. The important levels are marked on chart. Summary : Buy above 73.60 SL @ 70.50 Targets : 77.80 , 83.36 , 89.05 and 94.17 This study is only for education purpose and shall not be considered as TIP to buy or Sell. Good Luck !!!
Petronet LNG : Buying Signals in the stock with hammer followed by Triple bottom pattern as shown in the chart. Prediction is supported by MACD Crossover and Histogram turnover along with RSI Rising from support at 39.00 Certainly a buy call above 224 with SL of Rs. 220.70 only. The Targets are 232.00 and 237.00 . This study is only for education purpose and...
Colpal made triple bottom on an hour chart near 1475, Buy at cmp or on dip as low as 1480 with stoploss of 1475. Risk:Reward in favour of bulls.
NSE:AFFLE is in making of Triple Bottom. One can take long trade only after breaking of Neckline.
Stock is trying to break Resistance level many times but always failed, we can expect this time break and move fast.
Triple bottom pattern is seen in SBI Life hourly chart. Also the price is making lower lows while the RSI is making higher lows which is clear sign of RSI Bullish divergence. Entry When a strong bullish candle is formed at support zone. Target The next résistance will the target as marked on chart. Stoploss Stoploss will be below the support zone. Please...
We can enter long position on the trend line breakout with bullish candle. We can expect target at around next resistance zone. Stoploss at swing low. Please Like and Follow me.
BASF:- If we see carefully then triple bottom pattern is formed, if it gives breakout then we can see upside move. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas...
Clean science one of the favorite stock of mine can entry at cmp or after daily or wqeekly cancle close looking good as it took support from these level on weekly tf a very good risk : reward Keep SL as your risk appetite - a part of a game taget metioned on the chart i am not a sebi register adviser its my own analysis pls make sure you do your...
NSE:POONAWALLA is near the supply area. A triple bottom formation seen around 300 price level. In Hollow Candlestick patten a hollow green candle formed after a down swing, indicates price to move up Well support from volume RSI is trending upwards. Trade : Buy: Above 305, SL: 300, T: 309/311/316 Sell: Below 300, SL: 304, T: 296/292
NSE:DHANI shows A triple bottom formation Increased volume RSI is just recovered from oversold region. Trade: Buy: Above 47.50, SL: 44, T: 50/52 Sell: Below 42, SL: 45, T: 40/38
strong breakout with great volumes seen in Kalyani steels. Great time to open a long position in this script after retest!! triple bottom and golden crossover is seen in the script
Breakout of Triple Bottom in NSE:ZENSARTECH . Long position can be taken after close above the neckline.
Indian Oil Corp seems like a triple bottom. If price sustain above the level of 68.50, Price will move towards up. Target:73.50