Head_and_shoulder
INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM
Why INTL CONVEYORS ❓
1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡
2. Accumulations are visible at bottom side multiple times ❗
3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅
4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅
5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊
6. Today in 1D Price is at 100 EMA underneath 📌
Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
Bank Nifty - Formation of Bearish Head and ShoulderBank Nifty index is forming bearish head and shoulders pattern. Here are the key levels mentioned below:
Neckline : 50000 (activation point for the pattern)
Immediate Support: 49700 (200 EMA)
Potential Target: 46500 (if price pierces below 200 EMA)
Trend Breakdown: Noted breakdown of the uptrend line since October 23.
Make sure to keep an eye on these levels and monitor price action closely as it approaches them! If you have any more insights or questions about trading strategies, feel free to share.
Exideind | All Resistance Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Target
✅Check out my TradingView profile to see how we analyze charts and execute trades.
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BALKRISIND looks good for a swing tradeBalkrishna Industries (BALKRISIND) has shown a strong uptrend in the major trend and has recently formed an inverse head and shoulders pattern during the pullback phase of this uptrend. The neckline of this inverse head and shoulders pattern has been broken, and the stock has also taken support at this neckline, further reinforcing the pattern. These factors together indicate a high potential for an upward move in the near future, suggesting that BALKRISIND could see significant upside.
SUNTV | Head & shoulder + Cup & handle Trapping ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
✅Check out my TradingView profile to see how we analyze charts and execute trades.
✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action.
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UNO MINDA : Inverse head & shoulder pattern breakout 📈 UNO MINDA is breaking out from the inverse head & shoulder pattern in the daily time frame. It can give Targets 🎯 of the Shoulders & then its Head .
🔰 Uno Minda can rise upto 12% to 24% returns in the short term.
🟢 Range : 1180 to 1200
🎯 Target : 1340 / 1480
🛑 Stop : 1000 (DCB)
⚠️ Disclaimer : It's not a buy/sell advice. It's a view purely for the educational purposes.
RCF - Forming Bullish Head and Shoulder Chart PatternRCF is forming bullish head and shoulder chart pattern, waiting for upside breakout!
Once breakout given we will update how to trade Head and Shoulder chart pattern and most of you know how to trade.
Thank You
Arvind Yadav, Cfa
Arvind Share Academy
Ask auto; Take a look; min 25% Roi; short term; Huge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "381"
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If you are interested in investment now, go for it with proper risk,
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Overall "Ask Automotive" fundamentally good stock.
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Enter after retracement above
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.
USDT.D DOMINANCE FORMED BEARISH HEAD AND SHOULDER PATTERNUSDT Dominance (USDT.d):Pattern: Head and Shoulders.Interpretation: If this pattern confirms with a breakout, it suggests a bearish trend for USDT dominance. This could imply that traders are moving away from stablecoins like USDT and back into other cryptocurrencies.Support Level: The next significant support level could be around 5.10%. If the price breaks below this level, it might indicate further downside for USDT dominance.Bitcoin (BTC):Pattern: Inverse Head and Shoulders.Interpretation: This is typically a bullish pattern. If confirmed with a breakout above the neckline, it could signal the start of an upward trend for Bitcoin.Waiting for Breakout: The pattern is yet to break out, so traders might be waiting for confirmation before expecting a strong move upwards.
ASIAN PAINTS - INVERTED HEAD AND SHOULDER PATTERNThe stock has given breakout of INVERTED HEAD AND SHOULDER pattern & Retested
on the daily chart.
One can enter above 3054 with a strict Stoploss of 2970
Target 1 - 3200
Target 2 - 3280
Target 3 - 3360
#SWINGTRADE
#FUNDAMENTALLY STRONG STOCK
What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.