Godrej Industries 1. upper band channel breakout at bottom channel 2. convergence in price and psi 3. looks good for uptrend Conclusion: The price is in bullish Trend. Note for everyone who came across this reference: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. ...
Diamond Bottom pattern , a technical analysis pattern observed in daily chart analysis of INSECTICID . This pattern is considered a reversal pattern, indicating a potential shift from a downtrend to an uptrend. Let's break down the key points of the Diamond Bottom pattern: Downtrend Phase: The pattern begins during a downtrend, where prices are...
PRECOT DAILY CHART ANALYSIS - Showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. Target: Rs. 198 Self explanatory daily chart analysis for educational purpose Technicals - Bottom Triangle Pattern / Bottom Wedge This is just a view by an analyst, please invest at your own risk. Follow me for more!
KNRCON After a failed attempt to break through a support level, the price has seemingly hit a bottom and is now showing signs of a reversal towards a new uptrend. This reversal is indicated by a pattern known as a Double Bottom. This pattern typically forms within a downtrend and consists of two distinct lows that occur at approximately the same price level. As...
ACCELYA daily price trend shows signs of a potential reversal after a period of consolidation. This often involves a bottoming process and a subsequent upward breakout. Market conditions can change, and various external factors can influence price behavior. Always use technical analysis in combination with other forms of analysis and risk management strategies...
BUY - SHREE PUSHKAR CHEM CMP: Rs. 212.65 Target Range: BETWEEN Rs. 256- Rs. 260 Time Frame - 6-9 months Technicals - Head and Shoulders pattern This is just a view by an analyst, please invest at your own risk. Follow me for more!
JKPAPER Technical analysis pattern known as the "Head and Shoulders Bottom," also referred to as an "Inverse Head and Shoulders" pattern has been formed on daily chart of JKPAPER. This pattern is often considered a bullish reversal pattern, indicating a potential change in trend from a downtrend to an uptrend. Here's a breakdown of the pattern: ...
Based on the price movement, there was a period of consolidation where the price was trading within a range. However, the recent price action indicates a significant break above this consolidation phase, which suggests a continuation of the previous upward trend. Initially, the pattern started during a downtrend as prices formed higher highs and lower lows within...
The vaibhav Global Ltd. 1Hr chart analysis is self explanatory with entry, targets and stop loss clearly mentioned. Note for everyone who came across this study: This chart is only for educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SIS The Head and Shoulders Bottom pattern emerges after three consecutive price declines, occurring after a significant downtrend. The pattern consists of three distinct parts: the lowest low in the middle (referred to as the head) and two higher lows on either side (referred to as the shoulders) that are approximately at the same level. During the formation of...
It appears that the price of Dollar Industries Ltd. has reached its lowest point after trying and failing to go below a certain level. Instead, it started going up again, which is a sign that a new upward trend may be starting. the price seems going above the highest point between the two lows, it confirms that the trend is changing to a more positive one and...
Daily Chart analysis of MAHINDRA LOGISTICS Mahindra Logistics stock price has reached a point of stabilization and is displaying indications of a potential reversal. Following a period of uncertainty or consolidation, the price has broken out in an upward direction, suggesting a shift in market sentiment. This pattern is known as the Diamond Bottom, which...
The Diamond Bottom pattern is a technical analysis pattern often used by traders to identify potential trend reversals in financial markets. It is characterized by a series of higher highs and lower lows that form a broadening pattern, followed by a narrowing trading range and an eventual upward breakout. During a downtrend, the price action forms higher highs...
Based on the Daily Chart of DELHIVERY , it seems that the price of a particular security has reached a bottom and is showing signs of a reversal. This reversal is indicated by the breaking upward of the price after a period of uncertainty or consolidation. The pattern known as a Bottom Triangle, consists of two converging trendlines. The upper trendline...
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In IBULHSGFIN a bullish symmetrical continuation triangle pattern has been formed. This pattern typically occurs during an uptrend and indicates a potential continuation of the upward movement. Here's a breakdown of the pattern based on your description: Converging Trendlines: The symmetrical continuation triangle pattern consists of two converging...
Veto Switchgears & Cables Ltd - Daily chart analysis - Symmetrical Continuation Triangle has formed, which means:- A Symmetrical Continuation Triangle (Bullish) is a bullish chart pattern that appears during an uptrend and indicates a potential continuation of the upward movement. It is formed by two converging trendlines, where the lower trendline is ascending...
Technical analysis pattern known as a "Bottom Triangle" has been formed within calculated geometrical angles. This pattern typically indicates a potential bullish reversal in the market after a period of consolidation or uncertainty. Here's a breakdown of the key characteristics: Converging trendlines: The Bottom Triangle pattern consists of two trendlines, one...