*Bharti Airtel* Time Frame: Daily Observation: * Rounding Bottom Pattern Breakout. * Swing High Break * Life time high Break Resistance/Target: 845 900 955 990 Support: 757 711 664 628
Chart shows the possibility of the Rounding bottom pattern and the targets.
Canfinhomes broke out of rounding bottom pattern with good volumes. In terms of risk reward its an excellent trade. Could be bought with mentioned stoploss & targets.
Indusind broke out of rounding bottom pattern with good volumes. Could be bought with mentioned stoploss & targets.
Now Bharathi airtel forms a rounding top pattern with strong resistance level once broken we will look for a buy otherwise its in selling !
Now its forms big channel pattern with a round bottom pattern in ithe nside of the channel pattern takes trade only a successful breakout
PEL made rounding bottom formation on daily charts & it took more than 3 months to complete. Today it broke above neckline 2024 with good volumes it rejected before on 19th august. Today, its consistently trading above breakout level of 2024. Could be bought with mentioned stoploss & targets.
What Is a Rounding Bottom? A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. This pattern's time frame can vary from several weeks to several...
Ramco made rrounding bottom formation on hourly/daily charts & broke out of neckline with good volumes. Could be bought with mentioned stoploss & targets.
GNFC made rounding bottom & breaking out of its monthly high with very good volumes. Could be bought with mentioned stoploss & targets.
Axisbank made rounding bottom on bigger time frames with good volumes. Could be bought with mentioned stoploss & targets
Hindzinc daily chart is being seen as rounding bottom pattern with volumes activities and It is also fundamentally attractive valuation available with strong balance sheet. Quarterly results were also very strong posted by company. Stop Loss : 255 Target : 307, 325, 385 Time Frame : 1 year Investment as per your risk profile.. Risk is yours and Reward is too...
Axisbank made rounding bottom on an hourly chart & its breaking out of it with decent volumes. Could be bought with mentioned stoploss & targets.
#BITCOIN is at its bottom. (Actually right now it's losing momentum) I just wanted to post this quick message showing the chart. You're going to want to ZOOM WAY OUT on the daily till you can see prior to December 2021 where I entered a short position. Tomorrow afternoon I'm going to record a video discussing this move. How I predicted it 6 months ago. The...
This is now forming rounding bottom pattern wait for a breakout and take a trade !
Take Trade Only After A Breakout Take Trades with a Nominal Stoploss and Target
Bitcoin Dominance has formed a rounding bottom formation which is a bullish pattern how ever there are two things which needs to be consider here, 1. If this shoots up then alts and Bitcoin will fall. 2. We can see a relief rally if it goes down a bit and in this case we can see a pattern formation called CUP n handle which is also a bullish pattern. So only...
the price formed a pattern we can identify as a cup&handle, or a rounding bottom, and if its resistance ( @ 20.5 ) is broken, we can expect a good rally to the upside I'm looking for an entry above the monthly dynamic level @ 23.4 , if the price manages to close above that without an overbought RSI (>70) targeting at least a 12% profit - I'm going to post an idea...