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The double bottom pattern is considered complete when the price surpasses the resistance line. This breakout is a bullish signal, suggesting that the downtrend may be reversing, and an uptrend could be underway

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An inverse head and shoulders pattern is also a reliable indicator, signaling that a downward trend is about to reverse into an upward trend.

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The Rounding Bottom Pattern is a Long Term Reversal Pattern that is best suited for weekly charts. It is also referred to as saucer bottom pattern. It is a trend reversal pattern used in technical analysis to identify the end of a downward trend and the gradual price shift from a bearish to a bullish trend.

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A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.

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According to wave theory, Wave C has been completed.

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An inverse head and shoulders pattern is also a reliable indicator, signaling that a downward trend is about to reverse into an upward trend.

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A pennant pattern is a technical analysis chart pattern that forms after a substantial price movement in either direction. It represents a temporary pause or consolidation in the market before the price continues its previous trend.

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Closed above last week's high.Hold for 2nd target.

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Triangles are a correction five-wave pattern (marked as A-B-C-D-E), which is divided into five types. This pattern is formed in a position prior to the final wave in an impulse or a correction.

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Breakout of previous high on monthly chart,Target@2x,Stop Loss @37.

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Nifty flat correction is a 3 waves corrective move labelled as ABC.Flat is a 3-3-5 structure.

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Fibonacci Ratio is useful to measure the target of a wave’s move within an Elliott Wave structure. Different waves in an Elliott Wave structure relates to one another with Fibonacci Ratio. For example, in impulse wave: • Wave 2 is typically 50%, 61.8%, 76.4%, or 85.4% of wave 1 • Wave 3 is typically 161.8% of wave 1 • Wave 4 is typically 14.6%, 23.6%, or 38.2% of...

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Rules Of Elliott Wave Theory: #1.Wave 2 never retraces more than 100% of wave 1. #2.Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. #3.Wave 4 never enters the price territory of wave 1.

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Support and resistance are two foundational concepts in technical analysis.

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Inverse Head and Shoulders chart Pattern formation is commonly used in technical analysis to predict the reversal of a downtrend.

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Triangle patterns are aptly named because the upper and lower trendlines ultimately meet at the apex on the right side, forming a corner. These patterns are formed once the trading range of a stock or another security becomes narrow.