Web4 de jan. de 2024 · The stock is on a strong uptrend continuously, moving in a ‘Higher Top Higher Bottom’ price formation. A few weeks ago, the stock witnessed a huge gap-up opening, followed with a further strong up move. However, post that prices entered into a consolidation phase as oscillators were in the overbought territory. Web31 de mar. de 2024 · Head and shoulders is a reversal pattern that can appear at market tops or bottoms as a series of three pushes: an initial peak or trough, followed by a second and larger one, and then a third...
HIGHER TOP HIGHER BOTTOM FORMATION (WEEKLY CHART)
WebDouble Top or Bottom — Check out the trading ideas ... Rs. 34 Target - 2: Rs. 40 Target - 3: Rs. 58 . . Technical - 1) Flat Base Pattern. 2) High Volumes in previous trading sessions indicating ... Double bottom chart pattern formation visible, with level of 720 acting as important support zone. Might see price ... Web26 de abr. de 2024 · Prabhudas Lilladher said the stock has made a higher top higher bottom formation pattern on daily charts. Mumbai: Brokerage Prabhudas Lilladher is bullish on tyre manufacturers such as Apollo Tyres, Balkrishna Industries and MRF on technical factors. These stocks could see upsides of 10-20%, it said. phoebe eclair-powell twitter
Trade Unlimited - Key Highlights: NIFTY maintains Higher
Web22 de jul. de 2024 · The Nifty50 has been making higher top higher bottom formation since last three weeks on the weekly charts which shows a positive undertone of the … WebSilver has been trading in a higher top higher bottom formation signifying the trend to be positive; however it has witnessed some correction in the near term and currently stands near a support zone. Positive slope of the 20-day SMA corroborates the above observation indicating a rebound in the offing. Web16 de jan. de 2016 · Significance of Dow Theory It’s Dow Theory which gave birth to concept of higher top-higher bottom formations and lower top-lower bottom formations which is the basic foundation of Technical Analysis. This helps investors to improve their understanding on the market so that they could succeed in their investment/trading … phoebe eclair-powell