Double Bottom

NSE: HAVELLS - A SUPPORT OF DOUBLE BOTTOM NSE: HAVELLS has been in an uptrend since June-July 2020 after a heavy fall due to COVID-19. The DOUBLE BOTTOM formation is observed in the daily and weekly charts. The analysis has been done from macro to micro timeframe (Monthly --> Weekly --> Daily). The current view on the stock is to go long with given levels. I suggest you do your own analysis before investing. This is my perspective based on my understanding. Trade Status = ACTIVE

by nisargsojitra

Ready to break a double bottom base of 5 weeks. its a 2nd stage base so buyable. you can call - undercut and rally or wyckoff's spring its near all time high.

Double bottom stock See the chart for details.

by PriceWorksIndeed

Dabur India Ltd Buy Dobour india about to break trend line. Already double bottom formed near resistance.

#Britannia double bottom Seems bullish for above targets. Regards

by yogi_sharma_elliottician

HINDPETRO BUY enter @ 228 Sl @ 184 Target 272

UPL LONG UPL FORMED DOUBLE BOTTOM BUY @ 464 TARGET @ 494 STOP @ 438

bajaj finserv Double bottom RSI bullish Volume increased with price movement

CHEMCON - Investment/Trade Signal CHEMCON was one of the bumper listing IPO but post opening it was under heavy sell off. Now the stock has formed double bottom and cleared the nearest price action and gave a breakout. Go long.

Double Bottom bounce Good Profit can be made by going long

by RudraAssassin

Volume on rise and Double bottom support formed. T1- 86 , T2-101 Sl-74

by PriceWorksIndeed

Double bottom let's see if it goes in favor

by Autocratic_Rohit

RAYMOND - BUY Double Bottom created now stock will give good up move

by lalitbachhav

BALKRISIND Buy Buy above 1362. Double bottom like pattern having neckline near 1360.

Varroc Bullish Bias Target 330 Looks like W bottom taken Support Bullish Bias can be bought at CMP levels Stop Loss 270 levels Target 1 - 330 Target 2 - 360

Double bottom - still 163 above is good.Price made a double bottom at 140 level and went up by 13 points last trading day. Still 163 above is the buying level as discussed previously but when you see a double bottom one can risk with small stop loss and definitely you will be in a good position when it reaches 163 !!! Think about it.

by Tradersasi23

INTRADAY TRADING PSYCHOLOGY (near LONG TERM SUPPORT/RESISTANCE)I come across many times when people fall in trap when they see breaking of long term support or resistance in intraday by merely seeing on small timeframe (TF) like (1-5 mins). I suggest those friends to wait for the confirmation of such breakout on higher timeframe like 15-30 minutes atleast. In this example I would like to make you understand this psychology and how you can make most of it in intraday trading. Bharatforge started falling right from the beginning and broke its long term support at smaller TF and you can see how they trapped the bears. (You can see many examples like this on this day like which I traded in PEL (Horizontal support 1300) and BPCL (Trendline support) We could have initiated a countertrend trading when it came above the support but that I will not recommend if you are not pro. Instead, bharatforge formed a beautiful double bottom at this support (bullish piercing candle pattern as well). So, this trade becomes high probable with first target to swing high. SL to be maintained below the support. So, in intraday FIND SUPPORT / RESISTANCE and FIND PATTERN. This way you can make consistence profit. Thank You. Happy Trading

by Retailer_ki_dost

Balkrishnan Industries Still it is not very clear but my opinion is that BALKRISIND is forming an double bottom pattern and may bounce back giving a strong up move, Lets see, and hope for the best

IGL Double Bottom formation Double bottom Formation Target: Rs 455 Stop Loss: Rs 375

BREAKED a big double bottom & bounce back,It's time to LONG!We can do SWING TRADING here, It also breaked ASCENDING TRIANGLE in 45-minutes

Zeel- Double Bottom 2 rounding bottoms combining with double bottom pattern and then consolidation near resistance level & 200 ema seems good. Today's volume and closing gives a better sign tooo. Keep an eye folks. Happy Trading.

by LearnersParadise

Torrent Pharma Breakout Levels Mentioned on chart ! This is only for educational purpose.

double bottom watch for neckline breakout buy above 508 target and levels on chart.