Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered advisor. Please consult your financial advisor before making investment decisions.
IREDA – Weekly Double Bottom - Reversal
🎯 Targets
Target 1: ₹183
Target 2: ₹232
Target 3: ₹309
⚖️ Risk-Reward
Entry: ₹155
Stop Loss: ₹140
Risk–Reward Ratio ≈ 1:10+
📌 Summary:
The "W" pattern in the stock market is a technical analysis chart formation that resembles the letter "W" and signals a bullish reversal of a downtrend, indicating increased buyer strength and potential price increases. It is also known as a double bottom and consists of two troughs at roughly the same price level, separated by a higher-low peak, with the pattern confirmed when the price breaks above a resistance level.
IREDA – Weekly Double Bottom - Reversal
🎯 Targets
Target 1: ₹183
Target 2: ₹232
Target 3: ₹309
⚖️ Risk-Reward
Entry: ₹155
Stop Loss: ₹140
Risk–Reward Ratio ≈ 1:10+
📌 Summary:
The "W" pattern in the stock market is a technical analysis chart formation that resembles the letter "W" and signals a bullish reversal of a downtrend, indicating increased buyer strength and potential price increases. It is also known as a double bottom and consists of two troughs at roughly the same price level, separated by a higher-low peak, with the pattern confirmed when the price breaks above a resistance level.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.