NSE:ZYDUSLIFE - Reverse Head & Shoulder Breakout (in progress)NSE:ZYDUSLIFE is showing a strong breakout (in progress) of a reserve H&S pattern on weekly charts. The stock had a nice run earlier from Jun-23 to Aug-24, and after a decent retracement, it is now ready for the next leg of the bull run. Targets and SL update in the chart.
Disclaimer: This post is for educational purposes only and must not be construed as advice to buy/sell. Please consult your investment advisor before making a financial decision. Investments are subject to market risks!
Head_and_shoulder
CNXIT - Head & Shoulder in progress on weekly chartsThe Indian IT sector is in a terrible state. The formation of a head and shoulder pattern on a weekly chart is a disastrous indication of worse times ahead. While NSE:TCS fired 15k employees in the recent past, the future seems dimmer. A similar pattern can be observed in almost all IT stocks. Caution is the way forward. All the long positions in IT must be doubly checked and closely monitored.
Disclaimer: The idea is for educational and informational purposes only and must not be construed as advice to buy/sell. Please consult your investment advisor before making a financial decision. Investments are subject to market risks!
A Classic Inverted Head & Shoulders What we’re looking at here is a textbook inverted head & shoulders formation unfolding on the chart.
🔴 & ⚪ – show the prior lower high, lower low continuation of the downtrend.
⚪ – represents the head, formed with a solid consolidation base.
🟢 – marks the structure shift, where the market starts printing higher lows.
🟡 – the counter trendline / neckline of this pattern, which price has now tested.
This structural shift is Highlight of this Post
Disclaimer: This post is purely for chart structuring and educational discussion. It is not a buy/sell recommendation or investment tip. Always do your own research before making trading decisions.
YES BANK-liquidity grab before the big move📉 Short-Term: Head & Shoulders breakdown likely. Price may drop to take seller liquidity below ₹13.62–₹11.17.
📈 Long-Term: Strong reversal expected from ₹9.61–₹11.17 (Institutional Demand Zone) toward ₹30+.
🔹 Swing Trade Path (Blue): Weak buy → 50% retracement targets.
🔺 Investment Path (Red): Strong buy in reversal zone → ride to ₹31.18.
📍 Key Levels:
Support – ₹13.62, ₹11.17, ₹9.61
Resistance – ₹19.55, ₹23.72, ₹31.18
⚠️ Not Financial Advice – Trade wisely!
Behind the Inverted Head & Shoulders – Beyond the ObviousThe Inverted Head & Shoulders isn’t just a pattern—it’s a storyline of market sentiment shifting gears.
Here’s the anatomy:
Step 1: Price creates a low and bounces.
Step 2: It returns to the same zone but pushes deeper, making traders believe a downtrend is locked in.
Step 3: The market snaps back with a V-shaped recovery—a sign of aggressive buying pressure.
Step 4: A higher low forms, confirming that sellers are losing control.
Step 5: Price revisits the neckline (trendline resistance), testing whether buyers can truly take charge.
This isn’t prediction—it’s recognition. Recognizing this shift early is what separates reactive traders from strategic ones.
Strong reversal pattern on VMM. Looks good for swing trade.Spotted a beautiful setup on VISHAL MEGA MART LTD (1H Chart), following my favourite "Elevated Right Shoulder" pattern.
- The Left Shoulder and Head formed clearly.
- The Right Shoulder didn't go below the head, indicating ultra bullish structure and formed a demand zone.
- Price touched the Demand Zone and gave a perfect reversal.
-Clean entry with favourable risk-reward.
Let's see how it plays out.
How to use Head n Shoulder / Inv. Head n Shoulder Chart Pattern.Hello Friends,
Welcome to RK_Chaarts,
Today we are going to Learn how to use Head n Shoulder / Inverted Head n Shoulder (Reversal Chart Pattern) as a Professional Trader along with real terms to check, Confirm and apply.
• Where to find: After a strong uptrend (H&S) or After downtrend (Inverse H&S).
• Confirmation: Neckline breakout with increased volume.
• Trading Strategy: Enter after neckline break, set stop-loss below the right shoulder, Aim for a target equal to the height of the Head pattern.
• Supporting Checks: No major Resistance or Hurdle (50,100,200 EMAs) should be there in way towards Target.
This post is shared purely for educational purpose & it’s Not a trading advice.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning .
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
EIDPARRY - HNS & Flag & Pole patternAll details are given on chart for educational purpose only. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
Infosys - Bullish Flag and Head & Shoulder Patterns🔍 1. Infosys Current Price Range and Key Levels
Since January 2021, Infosys has been trading in a broad range between ₹1300 and ₹2000, consolidating for over 4 years. Within this range, there are three key support and resistance levels to watch closely:
Support: ₹1300 (major floor)
Intermediate Resistance/Support Zone: ₹1600 – ₹1650
Strong Resistance: ₹2000 (upper bound)
📈 2. Bullish Flag Pattern: A Bullish Flag is a continuation pattern that forms after a strong upward price move "flagpole", followed by a period of consolidation in a narrow downward or sideways channel "flag". It typically signals a pause before the uptrend resumes.
Infosys recently broke out of a bullish flag pattern and crossed above ₹1580 with a strong closing on higher volume, indicating renewed buying interest.
Price is currently trading above the 50-day Exponential Moving Average (EMA), confirming the continuation of the mid-term uptrend.
However, the zone around ₹1650 remains a strong and key resistance level to monitor closely.
🧩 3. Potential Bullish Head and Shoulders Pattern Above ₹1650
Should Infosys break decisively above ₹1650, it is likely to form another significant bullish pattern known as the Bullish Head and Shoulders.
This pattern signals a trend reversal from bearish to bullish and is considered highly reliable.
Trend: Appears after a downtrend or consolidation, signaling reversal
Touchpoints: Three lows – left shoulder, head (lowest point), and right shoulder, roughly at similar levels
Neckline: The resistance line connecting the highs between shoulders and head
Timeframe: Medium-term, often forming over weeks up to 6 months
Volume: Typically higher volume on left shoulder and head formation, volume dips on right shoulder, and surges on breakout
⚠️ 4. Key Concerns in Infosys Chart Pattern
Price-Volume Divergence: During the head formation, volume increased sharply as price fell — indicating strong selling pressure. However, volume was low when price approached the neckline — suggesting weak buying interest to confirm breakout. This divergence signals potential caution.
Resistance Zone: Price remains below the key resistance at ₹1650, which has acted as a ceiling multiple times. A decisive breakout is required to sustain further upside momentum.
⚠️ Disclaimer
This report is intended solely for educational and training purposes and does not constitute investment advice. Traders and investors should conduct their own research and consult financial advisors before making trading decisions.
GOLD MCX - Head and Shoulder Pattern ( Bearish) in 1 our ChartGold Futures formed a Head & Shoulder Pattern on the 1 hour chart and given a breakout on the downside with strong volumes, confirming the validity of the pattern and the breakout.
The HNS target comes to Rs.89000 which is good further 3% from the current prices. However the Stop loss is very steep so one can wait for some pullback for entry.
CMP- Rs. 92637
TARGET-Rs. 89000
SL - 94950
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
HEROMOTOCO-Positional Short Trade Stock upside taking support from trendline. Friday's session 25'th April The stock has shown weakness potential trend reversal.
There are two possibilities:
1)Head and Shoulder Pattern
2)Descending Tringle Pattern
For both the possibilities it the neckline/Support zone 3800 needs to break. If that happens it may test 3680.
If opens gap up Above 3960 Avoid!
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Any confusion, feel free to drop msg. Happy to help :)
This is only for educational purpose, please manage your risk accordingly.
SBI - Bullish Head and Shoulder patternState Bank of India (SBI) has completed the formation of a bullish inverse head and shoulders pattern on the daily chart — a strong technical indicator of trend reversal from bearish to bullish.
Neckline Breakout:
The pattern has confirmed a clean breakout above the neckline at ₹785, accompanied by rising volume, validating the breakout and signaling that buyers have taken control from sellers.
Support Structure:
Both the left and right shoulders of the pattern have been formed around the strong support zone of ₹725, further strengthening the reliability of this setup.
Candle Confirmation:
The head of the pattern was formed with a Morning Star candlestick pattern, a classic bullish reversal signal, reinforcing the likelihood of an upward move.
Volume Analysis:
During the formation of the head and shoulders pattern, volume was gradually declining, indicating healthy consolidation.
The volume spike at the breakout point adds conviction, showing renewed interest and participation by buyers.
Momentum & Moving Averages:
RSI (Relative Strength Index): RSI is trading above 60, indicating strong bullish momentum without yet entering overbought territory.
EMA Crossover: A bullish crossover has occurred, with the 20-day EMA crossing above the 50-day EMA, a classic trend continuation signal.
The positive slope of both EMAs supports a sustained uptrend.
Price Target & Risk Management:
Target (as per measurement rule): The price target is calculated by measuring the distance from the bottom of the head to the neckline and projecting that from the breakout point.
Estimated Upside Target: ₹880
Stop-Loss (SL) Options: Fixed SL: Below the right shoulder, around ₹730.
Trailing SL: Use the 50-day EMA to dynamically protect gains as the price moves higher.
Conclusion:
SBI is exhibiting a strong bullish setup, with confirmation from price action, volume, and momentum indicators. The inverse head and shoulders pattern breakout, supported by key technical signals like EMA crossover and RSI strength, indicates potential for a trend continuation to the upside. Long positions can be considered with a clear risk-reward structure.
POWERGRID - LONGInverted Head and Shoulders (Bullish Reversal Pattern)
Breakout: Price has broken above the neckline on a bullish candle with good volume, confirming the breakout.
✅ Entry Point
Breakout Entry: ₹300–₹305 zone (close above neckline).
Since price is at ₹304.10 currently, it's still close to the breakout — suitable for entry.
🎯 Targets
Measured move = Height from Head to Neckline, then projected above neckline:
Neckline: ₹300
Head Low: ~₹245
Height = ₹300 - ₹245 = ₹55
🔼 Target 1: ₹300 + ₹55 = ₹355
(Final resistance line on your chart = ₹356.05 — matches perfectly!)
🔼 Optional Intermediate Target: ₹345.20
(As marked in the chart — could be a resistance from earlier highs.)
🛑 Stop Loss (SL)
Set below the right shoulder or neckline, depending on your risk appetite: Safe SL: Below right shoulder ~₹290. Aggressive SL: Below neckline ~₹295
⚖️ Risk-Reward Example
Entry: ₹304
SL: ₹290 (Risk = ₹14)
Target: ₹355 (Reward = ₹51)
Risk:Reward ≈ 1:3.6 ✅
NIFTY Smallcap 250 – Bullish Head & Shoulder PatternKey Highlights: Nifty Smallcap 250 Index
✅ Bullish Head & Shoulder Breakout
✅ Neckline at 15,000 – Critical Psychological Level
✅ Price Trading Above 20 EMA – Short-term Trend Turning Bullish
✅ RSI Gaining Strength – Momentum Supporting Upside Move
Chart Pattern Analysis:
The NIFTY Smallcap 250 has formed a classic bullish inverse Head & Shoulder pattern, signaling a potential trend reversal. Today, the price is breaking above the neckline at 15,000, which is a key psychological resistance level.
A decisive closing above this neckline with a strong bullish candle will further validate the breakout, indicating a potential upside continuation.
Technical Indicators:
📌 20 EMA Crossover: Price is now trading above the 20-day Exponential Moving Average (EMA), confirming a short-term bullish trend shift.
📌 RSI Momentum: The Relative Strength Index (RSI) is heading towards the bullish zone, showing increasing buying strength and momentum. A move above 60 could further fuel the rally.
📌 Volume Confirmation: A surge in trading volume will add strength to this breakout, confirming buyers’ interest in small-cap stocks.
TCS bearish or Bullish ??TCS retesting its long trend line. After retesting it may resume upward journey.
But at same time it is making Head and Shoulder pattern. It has beoken it. So in case of bearish h&s scenerio, stock can go to 3400 level.
At 3406 there is gap also.
Tell me weather TCS will retest trendline and will go to 4800 level or it will drop to 3400 level.
Bank India | Head & Shoulder Breakout | Swing TradeBank India | Head & Shoulder Breakout | Swing Trade
The provided information is for educational purposes only, not trading advice. There's a risk of being completely wrong.
I am not Sebi registered analyst. My studies are for educational purpose only.
Happy Trading!!
Bigfoot Academy
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. Bigfoot Academy is not an investment adviser and the information provided here should not be taken as professional investment advice. We are not responsible for you profit or losses that you may incur. So Please Consult your financial advisor before trading or investing.