LTI Bottom in PlaceLTI also looks like a counter where the bottom has been made. One can accumulate for long term. Bottom fishing level is clearly marked.
W-bottom
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.
Rounding bottom breakout in HALFrom the current levels, it has the potential to go 1800 and beyond. The rounding bottom is clearly formed with a higher high formation.
Enter at the current levels with stop below the breakout line.
Kindly note that this is not a recommendation and do your own analysis before investing.
INDUSIND Bank- Rounded Bottom in Daily Charts & Morning Star The following Chart shows Rounded bottom for Indusind Bank, also a Morning Start Candlestick pattern is formed on the weekly chart.
Other Indicators also indicate Upside Movement (RSI & MACD)
Recent Breakouts of Nifty Will also help push this stock price.
Volume breakout in JK cement on daily chartJK Cement giving a sensational breakout at 3000 levels. This is crossed after a long consolidation started in February. I speculate a good move of 300 points on the upside in a few weeks. A good risk reward trade with a small stop loss below 3000. Buy on corrections.
Kindly note, this is not a recommendation. Only an analysis.