Rounding bottom Pattern Importance in Stock Market | Blog Brings Profit For You
  • Recover Lost Money Plan

    A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Recover Lost Money in Market

  • Our Most Successful Intraday Tip

    Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment.
    Click on Jackpot Sure Shot Tip to know more...

Subscribe to this blog

Subscribe to full feed RSS
What is Daily Market State???
Enter your Email


Preview | Powered by FeedBlitz

Rounding bottom Pattern Importance in Stock Market

Posted By On 10/06/2009 11:24:00 AM Under


The screen shot of rounding bottom will show that it is a long-term reversal pattern and one can see it in the light of the weekly charts.

One can even call it as a saucer bottom, and it represents a long consolidation period and thus one can see stock moving from a bearish bias to a bullish bias.

Existing Prior Trend followed by a decline achieves a Low, thereafter advance and breakout with volume namely characterises this type of pattern.



Click Here to Get Free Stock Market Technical Analysis Tips and Charts in Email

Most Read Content