Get started

Triplebottom

Multipattern Analysis on IDFC First Bank!NSE:IDFCFIRSTB Analysis! Multipattern Analysis on $NSE:IDFCFIRSTB! Analysis on a Weekly Timeframe! Analysis: I have done the overfall analysis of IDFCFIRSTB since its inception. It looks very complicated but if you know all the patterns it is just like anything. I have combined all the patterns with the Support and Resistance Trendline. Don't get confused. Read the chart thoroughly and you'll get a better idea of where to enter and where to exit. As you can see in Chart 3 most important reversal patterns are there. 1) Triple Bottom Pattern 2) Double Bottom Pattern 3) Inverted Head and Shoulders Pattern Now the price is moving in a parallel channel but we can see the Flag and Pole Pattern Formation is going on. Aggressive investors can enter at current price levels as the price is above 50EMA. But my suggestion would be to enter only after the upside channel breakout. Trade Setup: Entry= Current levels are good for aggressive investors. Conservative investors can enter after Flag/upper channel breakout Target= Nearest Possible Target would be 100.70(New All-Time High Level) Stop Loss= Below 75.66 Disclaimer = Consider my analysis 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:IDFCFIRSTBLong
by Avinash9087
Keep An Eye - Triple Bottom - HINDPETRO📊 Script: HINDPETRO 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is forming Triple Bottom on Weekly Chart, it has given breakout once and again it retested. 📈 Script is trading near neck line of Triple Bottom which is around 492. 📈 Keep an eye on stock, we may see breakout of it and some good rally into the stock. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 492 🟢 Target 🎯🏆 - 534/555 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:HINDPETROLong
by radha_23
ANTONY WASTE seems right for my investing TASTEPE 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 227.3 Crores. Its sector's average revenue growth YoY for the quarter was -16.5%. - Quarterly Net profit fell 21.3% YoY to Rs 18.3 Crores. Its sector's average net profit growth YoY for the quarter was -16.7%. It is one of the top five players in the Indian municipal waste management industry with a track record of 20 years. Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai. During FY22, the Co. increased activity from its new contracts in Varanasi, Noida, Jhansi, New Delhi Municipal Corporation, increasing its geographical presence in 9 states in India through ongoing and completed projects. The Co. is the 2nd largest player in India.
NSE:AWHCLLong
by CannySunny
7
PETRONET LNG : TRIPLE BOTTOM PATTERN WITH HAMMER AT SUPPORTPetronet 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 should not be considered as a tip to buy or sell any stock. Good luck !!!
NSE:PETRONETLong
by chakraveer1104
BASFBASF:- 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 to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:BASFLong
by AjayDhakad_Keep_it_simple
1