PPL - Prakash Pipes Ltd - Uptrend - Long1. Double Bottom at Demand Zone
2. 50 EMA support
3. Volume Spike
4. ADX - shows Trend Strength buildup
Pipes
PRINCR PIES, RSI SUPPORTmy support got supported by today's price action.
already that support was previously was supported to times.
this was a bear trap. and now the stock is ready to give a range breakout!
have a look at the increasing volume too.
RSI IS SHOWING A FALLING WEDGE PATTERN!
great time to enter!!
ASTRAL LTD 60MInASTRAL LTD is making a triangle in a longer timeframe and making a head and shoulders in the smaller timeframe and also is range bound on support and resistance marked as pink boxes. Can buy after the breakout and the pink box and break of the trendline target for swing is 2312.
VTCBTC PipesPipe bottoms lead to a short term bullish reversal and vice versa, these are identified best on the weekly chart. 'Pipes commonly form after in a retrace in an uptrend or at the bottom of a prolonged downtrend' These formations are more common in bull markets.
