VibhutiSharma

VibhutiSharma

#REC (F) CMP 460.4 Pattern : Adam & Adam Double Bottom (early identification) TF : Daily Volume Break-out Price BO Level : 478 DCB SL : 422 DCB TGT : 492 / 523 (May Series)

VibhutiSharma

Form last 3 days trading in 1% range, now might blast either side, rest details on chart.

VibhutiSharma

Time-Frame 60 min. Inverse Head & Shoulder is formed after a downtrend. Break-out is still pending. Volumes are also needed. Should wait for BO for taking longs. BO Zone 22140 ~ 22215 with Higher Volumes Expected TGT after confirmed BO are 22335 / 22475. SL 21980 DCB

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Fundamentals ------------ Growth in EPS P/E 18.38 vs Sector P/E 45.5 Low DEBT D/E 0.05 ROCE 26.6% ROE 21.6% Sales growth (3Yr) 12.1% Profit growth (3Yr) 31.13% ZERO promoter pledge Technical --------- -> 9 Aug'23 ~ 24 Aug'23 - "Distribution" then, a BO candle formed and 5% correction took place. -> After that till 30th Oct'2023 stock forms Lower High & Lower Lows...

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On closing of "8th Sept.'23' trading session... Bullish Flag & Pole 1. Took 48 trading sessions to complete this pattern.. 2. Now, expecting 7.21% up-move after Break-out 3. TGT to achieve in 48 Days after Break-Out (4th Sept.23) i.e. in between 2nd OR 3rd week of November'23. REASOND WHY THIS PATTERN IS BULLISH FLAG & POLE Trend between June to July was...

VibhutiSharma

As today, Respect the divergence and get the dip...Again Respect the fib retrace and get UP from perfect levels. Now, for tomorrow it would be interesting to see whether N50 continue it's momentum or get a small BREAK. - Keep focusing VR & weekly ATM - 17750 imp support. - PCR slightly OB - VIX Lower - FIIs position Higher

VibhutiSharma Updated 

How to find the TGT of (3 RISING VALLEY) . . Highest Price of 2nd Peak+((High Price of 2nd Peak-Low Price of 1st Valley)*0.58) TGT 2652 2527+((2525-2311)*0.58) = 2652 SL 2480

VibhutiSharma Updated 

Positive Divergence in shorter time-frame. FIIs Long in single digit i.e. 9% Expecting Bounce of 80-120 points on upside. Deep & Sharp cut below 16830. Closing candle shows strength at lower levels. Forming Double BOTTOM on (D) & (15 min.)

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- Consolidation Range (17215 ~ 16845) of - Last 10 trading sessions. - Trading in a rectangular channel - Any side Break-out gives sharp upmove in same direction. Two ways to trade : - Either trade the range - Or wait for Break-out with strong volumes.

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HISTORY . . . .(When NIFTY got Bearish) - Near about 18th Nov'21, a BEARISH pattern had been created on NIFY-DAILY Charts. - Pattern was Head & Shoulder (which is a STRONG Bearish) and TGT for this pattern were 16500. - Finally, on 20th Dec'21, NIFTY's LOW was 17410 which is very much close to my TGT. - On same day NIFTY closes at 16614 (which a BULLISH sign...

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#LT - From 29th Nov'21 to 17 Jan'22: stock was in Up-Trend. - On 18th Jan'22 a sharp selling has been witnessed with lower volumes (Bearish Engulfing Pattern). - But on preceding day(i.e. 19 Jan'22) a DOJI is formed which is a clear signal of "Confusion" in market sentiments. - And after that it results in Down Trend in future term, which last long up to 7th...

VibhutiSharma

Double Bottom and then Bullish Flag BO - From 17 Jan to 24 Feb stock was under pressure of supply. - After making low of 1282 on 24th Feb, stock price advanced up to 11.71%. This shows the first signal of double bottom. - After this 2nd low of 1311 created on 7Mar-8Mar and Double Bottom has been confirmed on 10th of March. - By 15th March, it advanced up to...

VibhutiSharma

#HINDUNIL Perfect Bookish PATTERN . . .DOUBLE BOTTOM - After the first trough is reached, an advance ranging from 10-20% usually take place. - 2nd trough has been started and it is higher than the 1st trough's lowest point. - 2nd trough took 3 weeks to form 2nd trough. - But to confirm the pattern, volume is required. - 2114 ~ 2125 with HUGE VOLUMES. - After BO...

VibhutiSharma

Sector: Consumer Non-Durable (Beverage) Symbol: #RADICO CMP: 964 Time-Frame: Daily Pattern: Inverse H&S View: Bullish Huge Volume Spike Close above LT MA MACD > 0 RSI Positive TGT: 997 / 1120(Short-Term)

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1. from 4th May to 6th Sept traded in a parallel channel, In 2nd week of September it gives Break-Out and goes up to 542. 2. Now, in starting of 2nd week of November, Bears took control and by providing huge Supply they have been able to get down the stock price till 443. 3. Between 20'Dec'21 ~ 27'Dec'21, was considered as accumulation (where volumes increases...

VibhutiSharma

#INFY Head & Shoulder #HeadandShoulder #bearish Trade Style : Support/Resistance 1665 ~ 1650 strong supply zone CMP : 1695 SL 1640 (closing) TGT (Up-side) 1735 / 1774 (ST) ( if rebounds from support ) TGT (Down-side) 1580 / 1415 ( if support breaks )

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Case Study . . . Time Frame: 75min. View: Bearish -> Gap was created on 13-10-21 and finally made a high of 492. -> After taking support 3 times, the bulls took the stock up and the price reached 536. -> From Nov 2 till now the stock used to come back from the support range. -> But now, if this support range (466 ~ 456) is broken in such a weak market, then...

VibhutiSharma

Lemme tell you some basics of Bullish Gartley (Harmonic-Pattern) XA: The XA move could be any price activity on the chart. There are no specific requirements in relation to the XA price move of the Gartley chart formation. AB: The AB move should be approximately 61.8% of the XA size. So, if the XA move is bullish, then the AB move should reverse the...