AvantiFeed - Head & Shoulder for 1250-1290 with Top@1660

Head Shoulder Pattern. Trading below 1559 for 1535-1540 short term target below blue dotted line which is neckline & then bounces upside between 1615-1630 to form right shoulder & then check -if you get a fall holding 1630-1640 levels upside for 1250-1290 Zone as the target downside in coming months & years ahead.

For Long term Targets of 1250-1290 - it should go below 1485-1500 zone as second layer of confirmation point.
Trade active: 10:41 Hrs 17th July2017

Last Price@1611

Opens gap up at 1590 &Makes high for the day 1630 looks like Right Shoulder formation started.
Trade active: 15:25 Hrs 18th July2017

Last Price@1599

Turns from 1643

Trade active: 11:01 Hrs 25th July2017

Last Price@1597

Right Shoulder looks like done in the zone 1650-1660 zone. We are still taking this as H& S pattern as it failed exactly at tops of 1660 & did not give close above that level.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Avanti feeds ltd following as it is ur chart . Excellent
AbhishekHSinghCMT rajesh.kottapalli
Touched today 1633
@AbhishekHSinghCMT , at what price you want me to take a short position? Is it at 1630/- or 1577
@chandu_Trade, 1630-1640 was advised in the update above because risk was 20 points above at 1660.
Thanks Abhishek.
Same chart pattern india bulls housing
Thanks .
@AMBRISH, Welcome
Thanks alot Bro
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out