Technical Analysis Chart Pattern : Double Bottom Time Frame : Daily Chart Current Scenario : - The stock BAJAJHLDNG has formed a double bottom pattern on its daily chart. - The neckline of this pattern is approaching a potential breakout point. - There is a notable supply zone at ₹8,447.65, which is a critical level to watch for further price action. ...
Thesis: NSE:GHCL is forming a bullish reversal pattern, the inverse head and shoulders (IH&S), indicating a potential breakout towards higher prices. Pattern Analysis: Left Shoulder : The left inverse shoulder is already formed, with a price peak followed by a decline. Head : The head is the lowest point of the pattern, indicating a period of...