Vindhya Telelinks LimitedVINDHYATEL:- If you see in the stock, head and shoulder pattern has been formed, the stock had also given a breakout, but the breakout failed, but the stock has closed above the resistance even once, if the stock sustains, then we can make a plan.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
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Thanks,
Ajay.
keep learning and keep earning.
Head_and_shoulder
UltraTech Cement - Retest of head and shoulder patternCurrently, UltraTech Cement is trading over its strong support zone, which previously served as a resistance area.
We can see that the price has come back to test the head and shoulders pattern's breakout & we can see Selling Volume is getting Exhausted.
On the chart, I have drawn a red trendline. Planning a buy trade is possible if trendline breakouts occur.
for volume analysis "Wave Volume Divergence" Indicator has been used.
My analysis is solely for study purpose; I am not a Sebi registered individual.
If my analysis proves useful to you, please like it and follow me on TradingView for more analysis like this.
Vadilal Industries LimitedVADILALIND:-The stock has formed a head and shoulders pattern and has also given a breakout. Weighing the retesting as the breakout candle is huge. The volumes are also being seen well. Keep your eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Linc LimitedLINC:- Stock has done upside move by forming head and shoulder pattern and may breakout as well but now it is back for retesting if it is found between 447 to 455 then we can plan to buy
#You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Rising Interest Rates - Problem for high debts companies. Tata Motors clear Head & Shoulder break down as we saw in Tesla so target for TELCO is around 300 levels & in Elliott Wave counts we are in Wave 1 of (C) which could take us till 365 levels before bouncing in Wave 2 of (C) which might result is retest of Neckline around 400 Levels.
Hold 4-5 Days and Gain 5%Inverse Head & Shoulder Pattern Breakout in CHAMBAL FERTILISER
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-6% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 307
Target Price 323
Note:- I am not SEBI Registered This Trade is only educational Purpose
ANURASANURAS:- Head and shoulders pattern has been formed, breakout has been given, but take care of the breakout candle, where it gives closing.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
JMC Projects (India) LimitedJMCPROJECT:- Head and shoulder pattern is formed, plan something only after the breakout, till then keep your eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Dynamic Cables LimitedDYCL:- Head and shoulder pattern is made and that too with good volumes. Keep your eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Short - Trend line Break & Neckline Break, Now at ResistanceIn past few days reliance has break both the trend line and neckline of head and shoulder, currently trading at resistance level 2580, there is high likelihood this will be rejected.
CMP - 2575
Target - 2540, 2510
Stoploss - 2610
Disclaimer
The above study is only for education and research
H&S pattern in HINDUNILVR ???!!!!Chart depicts the situation...
Strong DOJI candle on 9th december(day candle) with volume at perfect resistance level shows some sort of lag in bulls approach, which may leave space for bears to get back to go through a down swing move inside the triangular primary channel.(clearly seen in weekly time frame)
Now, coming to 2hr time frame,
1. Head and Shoulders pattern (right shoulder in progress..)
2. Entry can be after breakdown after the right shoulder.
3. Risky entry can be now....with a SL ON 2HR CANDLE CLOSING ABOVE 2721.
4. Target levels as mentioned in chart.
Let's wait and watch ...how it moves...!!!
Note- just sharing my view....not a tip nor advice!!!
BANKBARODABANKBARODA:- Stock has formed head and shoulders, good for short term, keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ASAHIINDIAASAHIINDIA:- Head and shoulders pattern forming, keep an eye on it
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
SUPREMEINDSUPREMEIND:- Head and shoulder pattern is showing formation, volume is also good, make some plans only after 2693, till then keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
WABAGWABAG:- Head and shoulders pattern is showing formation, make action plan only after breakout, keep on eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
M&M ASKING FOR A SHORTM&M ( leading auto sector brand ) is making a head and shoulder pattern in its daily chart and could go below 1000.
One can buy january puts or short future according to thier risk management ......
This is only my assumption please do your own anaylsis before trading..........
Nifty Down to 18000 range ??!!!Chart pattern insisting the opinion titled above!!
Reasons:
1. 9th December Day Candle - Bearish engulfing candle with wick at bottom ( but low got tested the next day ) .
2. H&S pattern in process (right shoulder yet to form).
3. Major Trendline resistance above.
Target and Sacred SL mentioned in chart !!
Let's see how it moves!!!
Note - Just sharing my probable view....not a tip nor advice!!!!!
HEAD AND SHOULDER BREAKOUT (AWL)Head And Shoulder Breakout
CMP: 435
Targets for Downside: 591 and 551
SL: 671 Above Previous Swing High
AWL Broke this years major support retested the support area and now heading to downside.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.