Bullish head and shoulder formed in Yes bank and waiting for closing above the neckline, once we get positive closing above the neckline then we are expecting the good move in upside in upcoming days. Thank You Arvind Yadav, Cfa Arvind Share Academy
Head and shoulder pattern With rsi above 60 Stock is above all key Ema Potential bullish move. Plan of action - let it sustain above is resistance and plan @ entry 4950 after stock closes above resistance and retest Target - 5400 Sl- close below 4574 (50 Ema).
Very first base of Stage 2 -Making Inverted Head n Shoulder -Inside bars (Yellow Arrow), indicating consolidating in a range -YoY EPS growing, with overall stores count in India increasing
Good volume buildup in daily and weekly timeframe. Highest ever volume buildup in the last one year. Earlier price has also taken support on 200EMA, indicates the stock is in uptrend. Price has given the breakout of head and shoulder pattern that is forming inside the wedge channel with good volumes. NOTE: I do my analysis, do yours before trade.
Coupling news had hit this monopoly stock really bad but finally a head & shoulder breaking out after base formation. NSE:IEX is that beaten down stock whose price is hit badly but the finances are not that bad. Was overvalued earlier and still trading at 45+ P/E but that'sthe premium it deserves for being a monopoly stock.
Wait for the daily candle to close and retest. A beautiful head and shoulder pattern with and increase in volume. Plan of action - Entry after retest - 26890-27000 Target 1- 28100 Target 2- 29000. Disclaimer - education purpose.
The analysis is done on Weekly TF hence price may take few weeks to several months in order to reach the targets. Trade setup is explained in image itself. Also look at the charts of its peers analysed in below link The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any...
A trendline has been drawn showing the expected bullish trend (green solid line), with an alternate path shown (blue dotted line) indicating potential short-term fluctuations before reaching the target. 1)Head and Shoulders Pattern: Left Shoulder: Formed around June 2022. Head: Formed around October 2022. Right Shoulder: Formed around February 2024. Neckline:...
Welspun Living , a company engaged in the home textiles and furnishings sector, presents a potential swing buying opportunity based on several technical factors. Reasons are listed below : The repeated testing of the 155-165 zone suggests the establishment of a robust support/resistance level. A potential breakout from this range could signify a notable market...
stock : pfc trade : (cash and option) buy@ 499 above sl @ 466 target @ 600 note : this information is for education only
USDJPY rises to the highest level in a week while crossing a downward-sloping resistance line from late April, now immediate support near 156.10, amid a four-day winning streak early Tuesday. In doing so, the Yen pair confirms an inverse head and shoulders bullish chart pattern by extending the previous week’s rebound from the 200-SMA. It’s worth noting that the...
cmp 2114 breakline 2230 head and shoulder breakout will result in positive uptrend sl 2040 note: holding personally so my view is biased for educational purpose only not a trading advice / not a buy sell call
NSE:TATACONSUM Good #HNS Pattern Plan only Below Neckline Break and Closing Below the Support Trendline, This Pattern is a Rare Head and Shoulder Pattern Near ATH and Resistance Trendline
cmp 3463 as shown may retest the zone and break the neckline. sell on rise preferred. NOT A TRADING IDEA FOR EDUCATIONAL PURPOSE ONLY
Head and Shoulder #HnS with breakdown has formed in #ABB A clear left shoulder, Head and and right shoulder is formed. break down came in this week below the neckline and the pattern has completed. Let's see if the pattern can show it's effect in coming weeks. PS: This is only for educational purpose
After breakout of Trendline & Inverse Head & Shoulder Pattern, stock can reach the previous resistance and fill the gap. Can expect a moment of 10-12%.
Bullish head and shoulder formed in IDFC First bank and waiting for closing above the neckline, once we get positive closing above the neckline then we are expecting the good move in upside in upcoming days. Thank You Arvind Yadav, Cfa Arvind Share Academy