Call is based on Ascending Triangle and Triple Bottom Positional Call Buy Above 1200 (Breakout of Ascending Triangle) Target 1300/1400 SL 1110 Time Duration: First Target: 1-2 Weeks Second Target: 2-4 Weeks Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not...
Sun Pharma has made multiple bottoms in the last few weeks, for a long term it shows good bounce back if it follows in the next few months. Entry above the trend line. SL should be below the support. Target - 100 points from trend line.
Either there will be a sharp downside or the scip will bounce back from triple bottom formation. Watch keenly
Another one from the FMCG pack..Keep an eye on this one. Possible triple bottom with triangle pattern!!
Repco Finance has formed a classic triple bottom pattern that broke last week very well! The chart explains it all quite well :)
The stock looks good from this range. The stock can be purchased above the horizontal line for very good returns. The stock looks even good in Weekly Chart and can be bought for long term.
BTST IN HINDEPTRO/HPCL OCT FUTURES BUY@247 STOP@243 TARGET@253 LOT:1575 QTY:1
Neckline broken on good volume today. RSI showing divergence. Good long opportunity.
Stock has formed triple bottom. So one can trade the breakout. It seems to be a good demand zone and price have retested the level multiple times so can also take small risk and go long by providing the SL of 1255. If it works one can review the trade at 1370 to continue or book the profit. Disclaimer : All ideas are my personnel view. Please take financial...
It seems that at 70 level buyers emerge and find the stock cheap from where prices bounces back. It has developed the triple bottom and now strong green candle is developing. It offers a good trade with small Stop loss of just low of today. One can continue the trade with trailing SL for the target of 87- 93. It may work as a very good risk to reward trade....
Pharma stocks have been beaten black and blue since a long time now. This sector has shown almost no upside at all when other sectors have rallied turn by turn taking Nifty near 11000 levels. I can see a Triple Bottom Formation here with increasing buying interest near a strong support area in Nifty Pharma NSE:CNXPHARMA . Many Pharma stocks like Lupin ...
All mentioned & plotted on Chart. Multiple BOTTOM @ 102 to @ 98 zone. Though Closing above @ 100. traditional Indicator & Oscilators => OverSOLD Notice also in Daily timeframe. Disclaimer: Take this information as study/education purpose only. If Useful Like & Share For taking trade decision Consult with your Financial Advisor.
Breakout done. See the chart for target. Vijayaraghavan, Kovilpatti.
NSE:INDIACEM On weekly charts ,there is a breakout from flag pattern and triple bottom has been confirmed. the pullback of the flag coincides with 50% fib retrace. Long positions may be initiated at a throwback to the flag or after consolidation breakout on lower time frame . Its trending above its 200,62 and 13 period EMA and after bullish crossover of 13,62 EMA...
it has formed a triple bottom at 169 with the top at 179 so the target can be put for 195-200 with stop-loss around 175
It seems that stock has been good accumulated formed triple bottoms and now wants to rise. It has closed above the neckline giving the breakout and successfully retested it. One can buy the stock for a target of 750 - 775.