Trade completely based on chart Buy JP Power 10-11 SL 5 Target1: 15 Target2: 20 Target3: 25 Target5: 30 Head and shoulder pattern Let the HnS pattern break and test for entry. Completely risk trade
Menon Pistons Ltd is in the business of manufacturing of auto components such as Pistons, Gudgeon Pins, Rings, Auto shafts for commercial vehicles, tractors, passenger cars and heavy duty stationery engines. fundamental analysis 2023 Q1 beating all time high operating profit PBT also beating all time high as follow net profit technical chart head and shoulder...
I posted the Head and Shoulder pattern in HSW Steel 60min time frame and see how beautifully the pattern gave its target. Enjoy the learning guys...
H&S pattern was formed in 5/15mins time frame in Axis Bank chart. See how beautifully it played out. It did scare but didn't close below the right shoulder. Thus SL was not hit and the price then just took off. Lovely to H&S making money for me once again.
INFY 75m chart has completed head and shoulders pattern and has given a breakout today with above average volume. The price action is bullish and we can look for long opportunities on Thursday when the market opens after a day off. Any retracement to breakout zone of 1415 can be a good opportunity to go long with targets of 1445/1470/1495.
IRCTC formed a inverse Head & Shoulder pattern in D1 time frame and gave a breakout with good volumes. After breakout it's in consolidation phase and thus formed a flag and pennant pattern in H1 timeframe. High probability setup will be breakout of flag and pennant in bullish direction. Try to Avoid bearish direction. Disclaimer :- I'm not a SEBI registered...
EURUSD has formed head and shoulders on 4H chart. Breakout, retracement leg is complete as well. Conditions seem ripe for H&S bullish continuation push upwards. Measured move target: 1.08.
#EXCEL INDUSTRIES is in going towards channel upper line. Monthly --> bullish Weekly --> bullish if closes above 1250 this week High probability Trade for Long term Long term Weakness comes below 785 weekly close Technical chart is good Look for fundamnetals - EPS to Price ratio, compare PE with peers, QoQ & YoY results & take ur decision Its not Investment...
All details given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only educational purposes and not a trading recommendation.
This is a Way to take trade with Head and Shoulder. Once completed pattern wait to retraced the market after that take trade as per candlestick pattern. Stop loss as per Candlestick pattern. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment. Note: This is not Paid only for Educational purpose.
The head and shoulders chart is said to depict a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end. Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
Head and Shoulders Pattern A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. Disclosure : I am not SEBI...
This pattern is found in a uptrend . According to this pattern the stock can achieve a target of 1855, with a stoploss of 1930. The stock has broken its 50EMA support and can go till 1855, 1815 which is the 200EMA Support. Only for educational purpose .Do your own research before investing.
NIFTY made a textbook head and shoulders pattern, broke below the green neck line, tested the Support turned into Resistance, and has fallen below today with a full bodied candle with virtually no wicks on either side. This is a clear indication that bears are in control. The weekly close looks pretty bad as well. Guess, the 3rd wave is here finally.
Refer to the chart, From the neckline breakdown the stock has moved closed to 135 points down, which was the same height as the neckline to the top. Seems like completion of correction according to the H&S pattern. SL: 450
JPYINR is completing double Head & Shoulders pattern on the 4H chart. Break of this baseline would be highly bearish for the currency pair. Otherwise, if this line is held, we can see strong bullish action as well. Good time to wait and watch and take a trade when either side seems strong.
L & T Stock is just completed Head and Shoulders Pattern which is a bullish pattern, retesting also completed and formed Descending triangle pattern with breakout. So, we can expect the stock may go long. Good buy for short term. Please check the chart for details. Mentioned clearly about the support and resistance points (if applicable). I am learning as...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...