Double Bottom

Pidilite Industries- My first trading idea Hello everyone, I am Kalpana Burman , this is my first trading idea on this platform. Please do like, follow and support me so that I can work harder and give better ideas to this community. Also, please feel free to engage in the comment section. Analysis:- As this stock has retraced at 61.8% from its low, this can act as strong resistance for the stock. For upside, the stock has to move above 1520 levels and hold above it for 1603 levels. Plan A for upside - Wait for decisive breakout and hold above the resistance line. Plan B for the downside - Wait for a small swing towards previous recent high around 1520 levels and then the breakdown of the channel. Or simply wait for the breakdown of the channel. We will look for divergence in the RSI as well. The easy target is 1427 level and if goes below that then 1328 is achievable. If rejected at resistance, aggressive traders can enter with proper stop and protected trade setup. Thank you, please do support. ~ Kalpana

by KalpanaBurman

LONG i think long

by Set-and-Forget07

axis bank double bottom 4 hrs chart. axis bank makes a double bottom in 4 hrs. neckline and penetration level mentioned. for swing trade.

by Mrinal_Parekh

ITC (Long Term)Fundamentally Great Stock. One can start accumulating it. Wait for close above 150 level.

by Jeevan_Shetty

TATA POWER CREATING A DOUBLE BOTTOM TO FLY HIGH LEVELS AS MENTIONED FOR DOUBLE BOTTOM

by DhirajSinghBais

M&M Double bottom pattern M&M Double bottom pattern

Long trade opportunity in Motherson Sumi on NSE NSE:MOTHERSUMI

04:44

Double bottom There is a chances of double bottom yes bank. Because there is a triangle pattern broken below and it's target approx 28 Buy yes bank at 28-31 Target 60

by Ankitrunthala1999

Long trade opportunity in Amarajabat on NSE NSE:AMARAJABAT

04:00

PNB d PNB double bottom Current price 61.95 Stop loss 54 Target 75 , 80 ,90, 95

by Ankitrunthala1999

Titan go long in buy option and wait 3 days only...price action As clear double bottom base formed ...Triangle breakout is clear ...channel breakout is clear...... Go long and keep for 3 days max in between can book profit.....high probability trade

Kotakbank (Bullish View)Stock can make new high very soon, once it crosses 1700 barrier

by Jeevan_Shetty

BUY AXIS BANK BUY AXIS BANK IF IT BREAKS AND CLOSES ABOVE 757 ON WEEKLY CHARTS. TARGET: 807 SOPLOSS: BELOW 757 CLOSING ON WEEKLY CHARTS

by Rovee-Bhalla

TATA STEEL After making a double bottom it is now attempting to complete the Bullish Harmonic Dragon Pattern which suggests levels of 490 and 575. The view would go wrong if it sustains below 420. Double confirmation is weekly close above 440

by Dinesh_C_Nagpal

NCC Bullish Fake Double bottom for NCC and RSI Bullish Divergence BUY NCC @ 52.30 TGT1: 55.10 TGT2: 57.90 SL: 49.55

Double Bottom (Volume Confirmation)M&M looks good for investment (buy on dips). Targets and SL mentioned in Chart.

by Jeevan_Shetty

LT (Long setup)Everything is mentioned in the chart

by Jeevan_Shetty

Castrol Bullish - Trendline Breakout, Double Bottom, Bullish Div Buy Immediately with Stop Loss of 141, Trend-line Breakout along with double bottom formation, also Bullish Divergence

Expiry strategy: Sell 230 Put >1. Stock tumbled from 310 level to 235 levels in the last 5 weeks. Recently, it witnessed sharp bounce back from low around 235 by following a reversal double bottom pattern with volume. MACD also confirms the reversal. Any fall could invite fresh buying in this stock. Expect the stock to expire above 230 level in Oct series. Lot size:2400

by vigneshwaraj

Double Bottom and Head & Should Double Bottom and Head & Should , wait for the confirmation and use the swing to buy

by NandhuGRavichandran

Crude Oil Long position opportunity There is a double bottom formation in the Crude oil weekly time frame , if the price closes above the entry point indicated in the chart we can take a long position with expected target indicated DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk

by BalajiThorali

HDFC Bank form Bullish W or Double Bottom Pattern Hi Traders, HDFC Bank Forming Bullish W or Double Bottom Pattern can go Long on every dip. Bullish View on stock due to below point: 1) Stock forming Bullish W Pattern . 2) Stock was taken support at 2150-2160 zone & bounce with Good volume [ Avg volume greater than 20 day ]. 3) Bounce happen from support was Big Green Candle 4) Stock Moved above 200 sma (Golden Crossover) mean stock is in bullish zone. What indicator are suggesting: 1) RSI moved above 50 & Advance breakout from previous high which mean bullish in near term.(See the chart) 2) On Balance Volume has given Advance Breakout .(See the chart) Happy Learning ); Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.

by karanwealthape

Trend reversal in USDINR Buy Both cypher pattern and double bottom conforming the uptrend, target is next monthly resistance.

by hemanthProTrader