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Double Bottom

Dhanuka Agritech | Will Monsoon help?Price action of Dhanuka Agritech exhibits a sustained weakness in Weekly time frame. The stock has consistently formed lowers and lower highs until recently. By analyzing the recent price action, we could see that the two relatively new lows formed are at the same level indicating that bears might be losing steam. In fact previous weekly candle was huge thereby breaching a falling trendline. Assuming that the recent recovery will continue, the stock might be en route towards 475-490 levels. T
NSE:DHANUKA
by AkhilSuryaFS
TATA ELXSI ANALYSIS- PLAYING W/ DOUBLE BOTTOMLets look at the analysis ---> 1> EW ANALYSIS :- Assuming this trend from 1490.9 level in corrective phase, we will assume impulse wave completed at 830.1, after that it slightly got complicated, still we will keep prefer count as B as flat, now we might be in wave c of B. 2> Classical TA :- a. the downtrend channel has given a breakout b. formed a minor double bottom (named as double bottom 1) with neckline at 911 (marked with red horizontal line) c. formed a major double bottom (named
NSE:TATAELXSILong
by yogi_sharma_elliottician
Tata Chemicals | Double Bottom - WeeklyDouble Bottom pattern observed in Tata Chemicals. Neck level was broken in second week of May thereby confirming the pattern. The recent fall could be counted as neck level retesting. In that case the stock will move up to 672 where the pattern target falls. However, a trendline still holds and we could see noticeable resistances at 635 and 658. A break above 635 will be key. Hence, if resistance at 635 fails Tata Chemicals could move swiftly towards double bottom target. (Disclaimer: Our ch
NSE:TATACHEM
by AkhilSuryaFS
Auropharma - Elliottwaves - Will It Repeat The Fall of 2016!!!Auropharma Profile Page at in.tradingview.com Note - Use Signature Field to put 3rd party links / website details / social media details which comes as a part of “Premium subscription” (Promoting 3rd Party Links apart from premium version –do check with the moderators as it could violate house rule ) Reach Moderators in.tradingview.com Pricing Details for TradingView Subscriptions at in.tradingview.com Trading Strategy Long Term Strategy Plan A Expect Explosive Move Upside
NSE:AUROPHARMAShort
by WaveTalks
20
Nifty- 29th April 2019 - How will you sell ? - X -Wave MissionWe are now in Plan F as mentioned in the video idea published on 9th April 2019 9th April 2019 - Elliottwaves - Let us make some wedges ------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Once Head & Shoulder Pattern gets activated as explained over the video look for below mentioned targets Activates below 11550 Target - 11300-11325 Target - 11125-11150 Risky Traders Selling bel
NSE:NIFTYShort
by WaveTalks
9
Tata Coffee-Enjoy the Coffee in The Cup Thanks for your precious time & do put your feedback below in comment section - I would love to hear from you. Most of us can learn as well - ----------------------------------------------------------------------------------------------------------------------------------------- Correction - Sorry using "circular shape" over the video - Its a curve shape from 168 to 185 - silly mistake -happens. ----------------------------------------------------------------------------------------
TEducation
by WaveTalks
10
EUR/AUD Technical analysisThe pair is confined within the ranges of 1.57393-1.60778 for the past 2 months. It can be construed as ABC correction and the pair is assumed to in bull cycle. The value of 1.57393 provided strong support to the counter and it reversed the pair from the downtrend. A double bottom pattern formed at the formidable support of 1.57393 is actually the wave 1 and 2 of the bull cycle. The break of the trendline and the formation higher high also adds strength to the above theory. Currently, the pair i
Long
by traderpulse