COCHINSHIP EQUITY levels ...05/05/2021 (D candle)
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, 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. In this case, we have a conviction of a bearish trend. wait for...
entry,SL,and target is mentioned in the chart Chart perfectly respecting the channel. shows reversal from the support. respecting and taking support @ 200ema personally third time entering throughout this channel.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
COCHINSHIP has given a breakout from Ascending triangle pattern which it has been trading under from the last three months. The target, according to the pattern, is near to the possible 2-year trendline. If it can cross these levels, the next resistance can be High of the previous swing which is around 490 levels. Cheers! This is as per my Analysis. Feel free to...
very good pattern if it breaks the resistance very good move expected.....pl. study yourself before investing positional
Inv HNS pattern complete
buy above 342 Target- 348 , 353 Sl -335
Buy above 324 Closing in Hourly time frame for respective targets.