KINGFA was one of our BTST trade given yesterday at 2:17PM to buy above 712 when it was trading at 709. Soon after posting it gave us 9% move and then today it have us 20% move totally 29% move in just 1 trading session. I have asked to exit this today.
This 'W' or double bottom + neckline broken is the favourite pattern for me in the swing. Works almost 90%!!
dollyvenky
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@Maverick_777 any other stocks happen this scenario like this w or dble bottom with neckline brokend stock... Pls list that and it's intrst for checking
Nishant151
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Wonderful analysis! what is the volume indicator used here?
Piyush-Gupta
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@nishantv02, there is no indicator. It is simple resistance breakout
abhaynair
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@nishantv02, The volume bars you see on the chart bottom is the basic inbuilt 'volume' indicator available in Trading View with the default moving average applied on it.
chesmn
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Excellent analysis and perfect timing as always sir.
makeitsimple2
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Excellent as always
knowledgepowers
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Great analysis and excellent find at the right time...