Nifty will be gap Down opening in today's session. After opening nifty start trading below 19770 level and then possible downside rally up to 19660 in today's session. in case nifty trades Above 19800 level then the upside target can go up to the 19920 level.
Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level. Any Major upside only expected in case banknifty starts trading Above 46050 level.
Stock Name: SUNPHARMA Pattern Name: Falling Broadening Wedge Pattern Current Price: 679.60 Projected Pattern Target: 690+
Process to identify Double Bottom Pattern: 1) Find out Support/Demand Zone in the script 2) Use RSI to identify any divergence in current trend 3) Place Early Entry or Wait for any candlestick pattern confirmation - i.e Hammer , Bullish Engulfing, morning star or others bullish pattern. Entry and Stop Loss: 1) Early entry at support level on basis of RSI...