Double Bottom

NIITLTD: Next After Up move of LargeCAP IT.NIIT LTD: After Up move of LargeCAP IT, It's Time for MidCAP, SMALLcap ...... "T+2 Levels" & other details plotted & mentioned on chart. Education purpose only.

CADILAHC: Take advantage for Pull Back.Current Candle Long Legged DOJI. T+2 Tgts:@ 345.45 - 347.50 - 349.55 - 351.50 - 355.50 - 359.00+ Best Entry & Accumulation Level: @ 339.20 - 335.10 - 333.10.

Apollo: Double Bottom Example 1st and 2nd Bottom at 914 (seperation beetween the two bottom is very good I generally look for more than 25 days ) confirmation line @ 1083 expecting it to test this level again . If it does will go Long for target of 1244

near double bottomn break out dilip bulidcon on verge of break out , long above 890, with target 1050 -1100

Double Bottom Breakout Although the breakout has happened, Enter only above 136 (Above current swing high)

CESC Double bottom breakout Check chart for idea details

ChennaiPetro Probable Double Bottom Breakout Entry above 319 SL 291 Target 372

DOUBLE BOTTOM : REVERSAL PATTERN 1. The Shape of The Double Bottom – A double bottom occurs when prices form two distinct bottoms on a chart. A double bottom is only complete, however, when prices climb above the highest high point between the two bottoms. The double bottom is a reversal pattern of a downward trend in a stock’s price. Sometimes called a “W” formation because of the pattern it creates on the chart, the double bottoms are also one of the most frequently seen and common of the patterns along with double tops Beca

by Equity-Earningz

Nifty Metal – Bottomed out ?Nifty Metal NSE:CNXMETAL has been downtrend ever since mid January and metal stocks have been hammered black and blue due to the trade war worries between US and China. However, the pullback this week from the lows of 3060 was quite strong and I can see a bottom formation here with RSI showing divergence. Good opportunity to buy stocks like Hindustan Zinc NSE:HINDZINC , JSW Steel NSE:JSWSTEEL with stop loss at their July lows. Disclaimer: Views expressed here are my own, and should not

ITC DOUBLE BOTTOM BREAKOUT POSSIBLE?POSITIONAL TRADE IS POSSIBLE IN ITC BREAKING FROM A DOUBLE BOTTOM FORMATION IF THE STOCK MANAGES TO CLOSE ABOVE 286 ON CLOSING BASIS ON FIRDAY GO LONG POSITIONAL TRADE AUGUST FUTURES BUY@287(FRIDAY)/CLOSE ABOVE STOP@282 TARGET@300

by manavtechresearch

NIFTY DOUBLE BOTTOM BREAK-OUT IN NIFTY HOURLY CHART NIFTY AUGUST OPTION TRADE OPTION TRADING BUY 11200 CALL OPTION BUY@110 STOP@70 TARGET@150 LOT:300 QTY:4 FUTURES TRADE BUY ON INTIAL DIP FOR A TARGET OF MINIUM 100 POINTS

by manavtechresearch

POSITIONAL TRADE IN YESBANK AS PER THE PREVIOUS TRADE CALL ON YESBANK HAS BROKEN OUT OF THE DOUBLE BOTTOM FORMATION AND HAS MANAGED TO GIVE A PERFECT PULLBACK SIGNS ARE GOOD TO GO LONG SO WE ARE ENTERING INTO A POSITIONAL TRADE FOR THE COMING TW0 WEEKS FUTURES TRADE AUGUST FUTURES BUY@387 STOP@382.5 TARGET@397 LOT:1750 QTY:2

by manavtechresearch

YESBANK DOUBLE BOTTOM FORMATION BREAKOUT ON THE VERGE YESBANK ON THE VERGE OF BREAKING OUT OF DOUBLE BOTTOM PATTERN IN AN HOURLY CHART. LET US CALCULATE THE RANGE OF THE PATTERN AND GO LONG AFTER A BREAK-OUT BREAK-OUT IS EXPECTED TILL 10:30 SAME PATTERN IS VISIBLE IN 30-MIN CHART WILL SHOW BREAK-OUT EARLY WAIT FOR THE CONFIRMATION!!

by manavtechresearch

Oriental Bank of Commerce - Double Bottom After being hammered since almost a month (June 13), looks like some buying interest is coming back to PSU banks. I can see that Oriental Bank of Commerce NSE:ORIENTBANK has formed a Double Bottom around 71 levels with a positive RSI divergence. Looks like the stock is slowly moving towards the first target of 86.75 . Good opportunity for option writers here with a stop loss of 69. Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please

Nifty Metal – Temporary Bottom in place ?After a long downtrend from 4300 levels, looks like Nifty Metal index NSE:CNXMETAL has managed to get some support at least temporarily at 3320 levels. It will be interesting to see what happens at the trendline resistance which is currently around 3700 levels. I can see a Double Bottom here with positive divergence and also a Morning Star formation. Good opportunity to go long on metal stocks like Tata Steel, Hindustan Zinc which are showing a similar pattern, with a small stop loss. Di

Tata Steel – All set to rally ?After a long downtrend from 750 levels in Jan end, looks like we have a bottom in place for Tata Steel NSE:TATASTEEL at around 537 levels. I can see a Double Bottom here with positive RSI Divergence. It remains to be seen what happens at the trendline resistance which at present is around 583 levels. I expect the stock to reach at least 610 for a first target. Good opportunity to go long with stop loss at 535. Disclaimer: Views expressed here are my own, and should not be interpreted as

Is this a double bottom?If this is a double bottom, then it should not go below 5760. It should make one more higher low around 7000 levels which would probably confirm a double bottom. This would take it to its first target of around 10,000$ and subsequent journey towards its all time high.

ACC Parallel Channel Plus Double Bottom In 1 day Chart Acc is going good with Increases Of Volume For Now I am Going To Long If anyone Found Any Mistake In my chart then Please mention In the Comment Thanks

jsw steel Double bottom 15min-30min time horizon double bottom is formed indicating short term bullish reversal.

SREI Infra short term view Refer chart. Double bottom formation going on. Consider to buy, after formation done. Vijayaraghavan, Kovilpatti

by Vijayaraghavan

Oil Marketing Companies (OMCs) – Bottom in place?The Bear onslaught on Oil Marketing Companies (OMCs) has been going on for a long time now. However, with Crude starting to come down we may see some buying interest coming back to these stocks. Rupee is also at one of the lowest levels against Dollar, so a bounce back there may further help cut Oil Marketing Companies’ Losses. I can see the price making a lower bottom here with rising RSI showing a positive Divergence. Good opportunity to buy HPCL NSE:HINDPETRO with a small stop loss fo

DOUBLE BOTTOM PATTERN SETUP A double bottom pattern has setup in daily chats of SBI and I has also shown breakout.The stock has comfortably hold level 263 today and for position view can go upto 290 level.Setup will fail if it fails to hold level 263. Pardon if I am wrong

Coal India – Double Bottom Coal India NSE:COALINDIA has reversed sharply from strong support zone between 260 – 265 levels. To me it looks like a double bottom formation with positive divergence. Good opportunity to go long with stop loss a few points below the double bottom lows and first target near 290 levels. Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.

Infratel - Double Bottom Bharti Infratel NSE:INFRATEL stock is doing good for the past few days in a falling market and has shown a sharp reversal from the 308-311 support zone. I can see a double bottom formation here with a positive divergence. Good opportunity to buy this stock for the near term with a target of around 350 and stop loss a few points below 308. Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investment