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Triplebottom

TRIPLE BOTTOM MUTHOOTMuthoot finance giving signs of a trend reversal in it breaking long time downtrend line resistance and a small time frame downtrend resistance trendline too, it create a overall ok rounding bottom pattern which touched three times at almost same price on a up trendline so which we can say a triple bottom on daily chart yes it is looking little complicated but one you read carefully you will find the purpose of making this chart, it could give a breakout above 1150 and there will be a closing must above 1150. So traders and investors can watch a close above of 1150 on their specific time frame according to their own setup and mindsets. Note- I am not a sebi registered and authorized to give buy or sell recommendations ask your financial advisor before execution of investments and trade
NSE:MUTHOOTFINLong
by AMIT-RAJAN
6
Hindpetro | Trendline is about to get break 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕ #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) Long Term trendline resistance 2) accumulation can be seen clearly 3) there is a inverted Head & shoulder pattern as well 4) stock has made triple bottom as well 5) Volume is good enough 6) Targets are based on resistance zones 👇👇HEAD & SHOULDER PATTERN 👇👇 👇👇Triple BOTTOM 👇👇 Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:HINDPETROLong
by ReviveTraders
12
Will ITC be mooning soon? Buying opportunities..Looking at the chart, 234-240 had been a crucial level for ITC. For carrying up further or taking positions we might want to see its reaction to this zone. So, Go LONG if ITC sustains over this range or consolidates as it can give a good move towards 300 or above. Somehow if ITC breaks the zone towards downside, you might want to average out or buy at dips b/w 204-216. ITC must sustain over the current zone or show rejection from sellers for further rally. Before this huge move it had also formed up a Triple Bottom few days back that showed reversal and so it went pretty well. Here we will be getting up nice buying opportunities according to the setup.
NSE:ITCLong
by UnknownUnicorn21160479
4
USHAMART | Triple bottom | Breakout | Long termThe stock reflects the classic triple bottom pattern which I initially began tracing as cup and handles only to notice later that these multiple back to back cups are actually a triple bottom pattern. Classic price target {The breakout level + height } has been successfully achieved. The strong back to back bullish candles with huge volumes and a aggressive MACD supports the long term trend which also confirmed by the 2.5 year resistance level breakout.
NSE:USHAMARTLong
by amCyberPunk