Dabur Flag & Pole Pattern Jackpot Dabur Flag & Pole Pattern and double bottom double confirmation Jackpot view on daily tf
can look for first tp of 600 and final tp of 650-660
with stop of 538 on daily closing basis
Risk reward ration will be 2.52
dc : only for educational purpose
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it help me to motivate
Double Bottom
ENIL🔴 ENIL
Previously also it came near the level of 96 and then it took reversal and created a range then breakout the range and a good movement came now also it came near level 96 and created a good bullish chart pattern DOUBLE BOTTOM and now it is near the breakout level
IF SUSTAINS AND TRADES ABOVE THE LEVEL 230 THEN WE CAN EXPECT 282,366,444,511
CONDITIONS IT SHOULD FOLLOW:-
TRADE AND SUSTAIN ABOVE THE LEVEL 230
MONTHLY TIMEFRAME BASIS ANALYSIS
RESEARCH AND TRADE NOT RESPONSIBLE FOR
ICICI BANK ( Looking to invest 💥)Add this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "972" .
Trade carefully untill ENTRY level.
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Entry: 972
target: 975 - 985
sl: 965 -960
major stoploss/ support: 960
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updat
TCS - Looks Good!Reason- NSE:TCS - Double bottom pattern with piercing candle on Daily Chart.
Duration 7-15 days
The Double Bottom pattern emerges within a downtrend when the price hits two lows at approximately the same level. During this formation, the volume tends to taper off, indicating a decrease in the selling pressure. At each low point, there might be a slight increase in volume, although it's generally less pronounced during the second low. The pattern's completion occurs when the price surpasses t
GENCON - DAILY CHART DOUBLE PATTERNA "Double Bottom" is a technical analysis chart pattern frequently observed in financial markets, such as stocks, commodities, and forex. This pattern is considered a bullish reversal pattern, indicating that an ongoing downtrend might be coming to an end and a new uptrend could be emerging.
The Double Bottom pattern consists of two distinct downward price movements followed by a reversal. Here's how it typically forms:
Initial Downtrend: The price of the asset is in a downward trend, indic
BPCL - Bullish Swing Reversal with VolumesNSE: BPCL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading
16th Oct ’23 - M pattern overlooking W pattern - BN PostMortemBankNifty Analysis
BankNifty’s trade today looked quite different from Nifty50. The opening candle was a stronger red and we retested the 44068 support. Since we did not break it - my short call did not trigger. The rejection took BN higher by 312pts ~ 0.71% and we went into the green territory for a brief period.
And even after all these - the options data was absolutely lackluster. Absolutely no premiums - the best trade again was to wait it out. We all knew HDFC Bank would come with its res
Done with the AUSSIES... Now see Shriram PROPERTIES- Company is expected to give good quarter
- Company has delivered good profit growth of 23.4%
CAGR over last 5 years
- Debtor days have improved from 81.8 to 42.6 days.
- Annual Revenue rose 57%, in the last year to Rs 814
Crores. Its sector's average revenue growth for the last
fiscal year was 14%.
- Annual Net Profit rose 574% in the last year to Rs 66
Crores. Its sector's average net profit growth for the
last fiscal year was -15%.
- PE ratio is 21 vs sector PE ratio of 101.
GAEL looks goodThe price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
Diamond pattern has been witnessed in the stock GAEL. The Diamond pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. When the price breaks upward out of the diamonds boundary lines, it marks a significant re
SBI - Double Bottom PatternSBI has formed Double Bottom Pattern and started to gave a breakout from 568 as that was resistance line. Based on the pattern target can be set as 625-630.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Don't miss this - A market leader is available at a good price. How to do good in the markets ? - Buy low and sell high :-D
Well, in this article, I will try to explain how can you really do well in the markets, practically. Not just an advice like - Buy low and sell high.
Here's an explanation for this analysis:
Fundamental:
1. A Market leader - Castrol is the second highest market share holder with more than 20% market.
2. Very strong Fundamentals - These numbers are just dream for any company. The below figures are twice as good as any competitors i
JSW ENERGY WEEKLY CHART BREAKOUT IDEAJSW Energy Weekly Chart Breakout Happening on the Short Term Basis...
This Stock created the Resistance Zone around 355.00 to 365.00 level as 1st time it was touched the level April' 2022...
It was touched the Resistance Level on 2nd time around September' 2022...
And just Lest week it was touched the same Resistance Level on 3rd time....
Its also creating "W" Pattern or Double Bottom on the Weekly Chart for Bullish run.
Weekly Volume showing Good sign since March-April 2021...
We are expect
Mastering the Double Bottom Chart PatternA double bottom, combined with RSI divergence, can be a powerful signal for a trend reversal.
What's a Double Bottom ?
It's when a stock's price forms two distinct lows on a chart.
The pattern is confirmed when prices rise above the peak between those two lows.
Why Does It Matter?
The double bottom marks the end of a downtrend and the start of an uptrend.
It's one of the most common patterns, but it needs careful analysis.
Adding RSI Divergence:
RSI measures a stock's strength and moment
$NSE:BRITANNIA,1D formed Bullish HammerNSE:BRITANNIA Britannia Industries Limited is an Indian multinational FMCG company specialised in food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for its biscuit products.
NSE:BRITANNIA , 1D gave closing above Bullish Hammer. The body of today's candle is bigger than previous day body(which means buyer's are interested and volume slightly more than the previous day). It l
Micro cap company potential to double current price Stock chart show current price will be double stock price keeping 27-30 as Stop loss.
Company last 3 quater giving positive results
Positive of the company is giving UPI service by this company. Pramoter itself telling this company global 30% online money transfer using this company
No cash generating company
Operating cash flow is negetive























