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V-bottom

Rounded Bottom Breakout in GESHIPA nice rounded bottom pattern has been formed and had broken out the supply zone of 380 with a nice and big green candle and above average volume. RSI is little extended upwards, but when we see the past RSI value of this stock, overbought area of RSI is near 80 so it is ok that way. Aggresive entries can done at the close of the candle or above the high of the current candle next day with a stop loss below previous swing low or the low of the breakout candle with a target of 440 which is previous high and could act as a ressistance. And for a safe entry wait for the price to consolidate near breakout zone or the RSI value to come near 60 and enter when it bounce back upwards.
NSE:GESHIPLong
by anuragsahu614
GMR INFRA --ROUNDED BOTTOM -- BULLISHGMR INFRA -- DAILY CHART -- ANALYSIS 1. Bullish Rounded bottom formation at Daily chart 2. trendline breakout seen around 36.75 level recently which is bullish indicators 3. same pattern follows target can seen 40-44-48 as per chart setup 4. RSI Seen near 60 level currently 57.8 at closing above 60 will strongly bullish . 5, suppoort and resistance level define as S And R in chart setup BUY GMR INFRA between 36-38 TARGET 40-44-48 STOP LOSS 28 88 THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk HAPPY TRADING . !!
NSE:GMRAIRPORTLong
by champtrade111
BankNifty Spot Weekly Outlook For Expiry Week Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27) Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels, whereas major resistance on the upside is capped around 35000 levels. If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 32323/31691 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 35631/36263. Currently BankNifty index is just trading above 200 day EMA @ 35947 suggests long term trend is Bearish . Falcon Analytics predicts range for the week is seen from 32323 on downside and 35631 on upside. Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead. ( All Spot Levels) RESISTANCE 4: 36263 RESISTANCE 3: 35631 RESISTANCE 2: 34999 RESISTANCE 1: 34609 WEEKLY PIVOT LEVELS: 33977 SUPPORT 1: 33345 SUPPORT 2: 32955 SUPPORT 3: 32323 SUPPORT 4: 31691 All above views for education purpose only. Regards, MD .
NSE:BANKNIFTYShort
by miraldesai
2
NIFTY --DOUBLE BOTTOM--NEXT WEEK TREND --16/05/2022NIFTY --DAILY CHART--DOUBLE BOTTOM --NEXT WEEK TREND --16/05/2022 to 20/05/2022 1. NIFTY seen Double bottom formation on daily chart at oversold level around 15750-15770 sub level , this is same bottom where earlier nifty rally from extreme oversold . 2. short term bounce is possible from current level around 400-500 points at resistance 16400-16500 level 3. nifty overall chart is still sell on rise but since double bottom at oversold level there is more chance bounce from this level kind of relief rally ahead 4. for confirmation we want next candle to form as doji or bullish Green with no pin bar downside, then this trend will confirm it means next candle should not red one 5. if next candle red with pin bar downside then this double bottom will be not carried trend up . ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. HAPPY TRADING. !!
NSE:NIFTYLong
by champtrade111
NIFTY -- FINDING BOTTOM -- WEEKLY CHARTNIFTY -- WEEKLY CHART --FINDING BOTTOM 1. well recent sharp fall of nifty from recent higher level around 18100 to 16200 Sub level seen on chart as nifty form lower high and lower low channel 2. AS per this channel try to following the same nifty has broken support 16800 then next support comes to 15800 Where earlier nifty was bottom out and Bounce back This support will be tested agian if some fall further due to negative global and local sentiments 3. following the channel if this support broken then channel showing the support at 15000 where i find most probable bottom formation at worst negative sentiments 4. so idea is if one has mid, ling term investment view .. USE SIP method at every gap down 100-200 points if fall further till this 15000-15500. for better output in keeping view of 6 month - 1 year time from now onward. ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. HAPPY TRADING !!
NSE:NIFTY
by champtrade111
22
ORIENT GREEN POWER CO LTD --- DOUBLE BOTTOM ORIENT GREEN POWER CO LTD- DAILY CHART 1. Trendline breakout seen on daily chart recently 2. Triangle pattern breakout also can seen on chart 3. Double bottom formation seen, where both double bottom candles are hammer candle, 4. After hammer candle last closing candle is bullish green which confirm double bottom and trend reversal to bullish 5. wave trend also seen double bottom formation on oversold line 6. Double Bottom form at 200 SMA support line that is also bullish indication of trend reversal RISK FACTOR. * Currently % price band ( 5% circuit limit in NSE/BSE) in such case stock can go either one way parabolic form . stop loss should be strictly placed .. profit booking trailing stop loss method more useful. BUY ORIENT GREEN POWER CO LTD @ 11.65 TARGET 15-18 stop loss 8 @@ THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk HAPPY TRADING. !!
NSE:GREENPOWERLong
by champtrade111
Rounding Bottom Pattern4 Year Long Rounding Bottom Pattern If weekly price gives breaks out above 500 with high volume and confirm the same with closing of candle, then only one should enter into the stock. Disclaimer: This is for Educational purpose only, you can observe and learn this trade strategy and build confidence in your decision making while looking to enter in a potential trade on your own. Don't take this as Trading advise, consult your financial advisor for any trading decision. We are not responsible for your profit/loss.
NSE:DOLLARLong
by Analytical_Pankaj