A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:NATCOPHARM MACD already gave Positive crossover on Daily, weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. HIT THE ROCKET BUTTON IF YOU LIKE TO BOOST THE IDEA. Risk...
Federal Bank Time frame - Monthly Study - Inverted Head and Shoulder Pattern, Also good volume ticks seen on monthly chart. Daily Chart - Breakout given above 128 Fundamentals - Maximum profit gained all time high Buy Range - 110-120 Target - 200 ++ SL - 82 This chart is for only educational purpose
Dr Reddy has given a huge weekly breakout from Inverted head and shoulders pattern. This stock is a blind buy for investment considering the pharma rally expected for next few years. Add on dips is the best way to accumulate such investment stock. The company has one of the best fundamentals as of date. Stock is available at PE of 20 and PEG of 0.52. the return...
This will remain as one of my most favourite idea if breakout goes successful. Trade logic: An inverted head and shoulder breakout is on the cards. The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed. However, the stock again has created an inverted head and shoulder pattern with the...
East india hotel has retested the breakout level of Inverted head and shoulders. Above 240, stock can test 270, 300+ levels.SL is below 210 DCB NIFTY is at a strong resistance of 19400. Any swing trade at this point is risky. Idea shared for educational purposes.
Redington has been forming an inverted head and shoulder pattern from the past 2 years. A weekly closing above 200 will confirm the breakout which will unlock huge targets for the stock. This stock has nice fundamentals with a good dividend yield so one can consider this stock for long term investment as well. Keep this stock in watchlist as the rejection in...
Shinny metal poised to rise. All it needs is a bullish breakout through the Neckline weekly chart. 1) Inverter head and Shoulder pattern - Weekly chart - Target indicated on the chart 2) Longer duration Cup and Shoulder - Weekly chart - higher target indicated on the chart 3) ADX > 25 and is rising trend - gaining momentum 4) The price in the local currency can...
A Inverted Head & Shoulder Chart Pattern Breakout happened on the Daily Time frame of NSE:MUTHOOTCAP Price Action supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. One can initiate the long trade as per the lavel mentioned on the chart Stop loss will be on a...
As you can see from the chart provided, an inverted H/S pattern is currntly emerging on this share, as soon as it breaks the necklin(i.e. - 800-805 level) it will start a journy towards it,s all time High. A good point for entry - 805 Target - ALL time high (1250) or 1:3 RR (1180). SL - 680 ( just below support @Daily TF) N.B. - This is for education &...
LIC, the biggest IPO of Indian market history which was bearish since listing has finally showed the start of bullish move. We have seen great rally in government run insurance companies like GICRE and NIACL. LIC has given a breakout of inverted head and shoulders 2 weeks back. Today, it has crossed its strong supply zone near 750. We can see ATH levels in this...
JKPaper has been trying to break 410 levels . Stock has formed inverted head and shoulders pattern as a flag. Above 425 DCB, breakout will be confirmed. Levels mentioned on chart If you like my analysis, please like it and follow me for more such trading ideas.
Inverted Head and Shoulder pattern in weekly chart. Mid Term Bullish. Neckline 296.70 Breakout done, close of this week waiting. Zeel CMP 289.05 Target : 411 SL : 236. Risk is yours and Reward is too yours totally. This idea is for educational purpose only
Another stock from pharma sector which hasn't rallied. IHNS pattern breakout above 575. Levels mentioned on chart. Good move can be seen post breakout. Please follow me if you like my analysis:)
Snowman has given a weekly breakout. Stock can be on watchlist. Minimum target is 68-69 with SL below 42 DCB. Idea shared only for educational purposes. It is not a recommendation.
Logic: Inverted head and shoulder formation in weekly chart Weekly closing above 630 will be a confirmation of breakout Levels mentioned on chart. FMCG sector has started to gain momentum. If you like my analysis, do follow me for more such ideas. And a happy new year to all my viewers. Hope you all have a prosperous & profitable year ahead!
Tata Motors- Typical Inv. H&S pattern breakout already done on monthly for the target of 1100. Note: This is for educational purpose only.
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern. The above analysis is purely for educational purpose. Traders must do their...
Breakout of Inverted Head & Shoulder completed on Daily Time Frame. Long Position can be initiated. Stop Loss for the Long Position will be 475 on Weekly Closing Basis.