UNION BANK OF INDIA : LONG CALL 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 !!!
Triplebottom
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 !!!
SBI Life Triple Bottom PatternTriple 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.
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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.
triple double bottom or simple support resistanceClean 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 analysis dont jump on the trade
Poonawala Fincorp: Triple Bottom formationNSE: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
ICICI Bank| Rounding & Triple Bottom | Life High |27% UpsideNSE:ICICIBANK
CMP 925 is at Lifetime High
Rounding Bottom, Triple Bottom Breakout.
Price Bouncing above Short Term EMAs which are acting as support in the uptrend
RSI in Bullish Zone in all time frames
Targets : 1020 - 1137 - 1209
Upside : 27%
SL : 810
Time Frame : 3 - 6 Months
Triple Bottom and Reverse head and shoulderToday Crompton Greaves broke 1 month consolidation range with a Triple Bottom pattern and with a reverse head and shoulder and also resistance. I am expecting a short term profit of 30 points in this trade. I keep my stop loss @ day candle closing below 404.
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
NAHARPOLY | Fibonacci BO | ATH | Triple Bottom BaseNSE:NAHARPOLY
Fibonacci Breakout with ATH Closing
Triple Bottom Base with Volume Contraction Pattern
Strong Support at Fibonacci Levels
Potential : Minimum 50%
Target: 391-437-512-558
Weekly RSI> 55 and rising
Volume Rising
Previous Chart of NaharPoly (Which achieved all targets) is provided in the Link below






















