ESCORTS Creating Textbook Double Bottom at Key Support |ESCORTS is currently at a pivotal inflection point.
The combination of a second bottom test and a textbook Hammer candle at major support significantly improves the bullish probability. This setup suggests that selling pressure is waning and smart money is stepping in to defend the ₹2700–2780 demand zone.
Historically, such double bottoms accompanied by reversal candles like hammers often lead to strong counter-trend rallies, especially when they occur after an extended down-move.The risk-rewa
Hammer
Trent (W): Bullish Reversal, Trend Reversal at Major SupportTimeframe: Weekly | Scale: Logarithmic
The stock is staging a classic reversal after a brutal 2-month correction. The "Morning Star" and "Hammer" combination at the 200-day EMA equivalent support signals that the "Panic Selling" is over and "Smart Money" accumulation has begun.
🚀 1. The Fundamental Catalyst (The "Why")
The reversal is driven by a shift in market perception:
> Valuation Comfort: After correcting ~50% from the top, the stock's valuation has cooled off significantly, attrac
Bearish Hammer - Ema and Rsi Confirmation🔎 Overview
The Bearish Hammer with EMA and RSI Confirmation is a structure-based reversal setup that focuses on price rejection at higher levels, supported by EMA positioning and RSI behavior. This setup helps filter weak candles and highlights situations where selling pressure begins to emerge after an upward move.
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📘 EMA & RSI
EMA (Exponential Moving Average)
• EMA represents short-term price balance and dynamic support/resistance.
• The EMA High–Low Band d
VERANDA - Breakout and RetestPrice breakout triangle and came back inside the triangle and it formed hammer like candle now (Weekly Timeframe). We should consider entering a trade only if a strong green candle forms in the next session. On the daily timeframe, it appears to be forming a morning star-like structure.
JUBLFOOD formation of Double BottomDouble bottom chart pattern formed in JUBLFOOD and pattern will active only after break and close above 470.
It is also important to note that JUBLFOOD is bounced back from prior support level with formation of bullish candlestick called Hammer.
Price is also pierced the downtrend line and currently price is consolidating near neckline.
We have also found inside bar pattern near the neckline, if upside breakout is sustained then we can get sharp up move or else pattern will be invalid.
HCLTECH, Stock of the WeekAfter a strong hammer candle from the low, the price has formed a three soldiers pattern.
Also the price has given the breakout of the LTMA band.
CMP:1,431.50
R1-1,531.45
S1-1,350.90
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
METROPOLISMETROPOLIS
get trail of another one study of my bottom fishing scanner this name is eRHr buy at LTP . trg is 1) 1700 2) 1800.
1) good support zone .
2) technically swing trading set up
3) and last one is "my efforts "
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for MORE check in my TradingView ID
“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts /ca
HONAUT, 1D forms Hammer after a dwntrndNSE:HONAUT Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineerin
Divislab,1D formed HammerDivi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients and intermediates, headquartered in Hyderabad. The company manufactures and custom synthesizes generic APIs, intermediates.
Hammer formed in Divislab , 1d with parallel channel support
Entry : 3629
Target : 3735
SL : 3525
RR : 1
ICICIPRULI, 1D formed hammer.NSE:ICICIPRULI ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business.
ICICIPRULI forms bullish hammer on 6 sept,2023 and gave closing above hammer on 7 sept,2023 on support line.
Entry : 547.15
Target : 560.5
SL : 530
RR : 1.06























