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Head_and_shoulder

Banknifty has doble head & shoulders kind of pattern - 23-1-2023Note: Always try to find a good #price action patterns or any #candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles). (Color code for #Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #Banknifty
NSE:BANKNIFTYLong
by Elango-ragavan
Kabra Extrusion Technik LimitedKABRAEXTRU:- Head and shoulder pattern has formed on the daily chart, keep an eye on the stock 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.
NSE:KABRAEXTRULong
by AjayDhakad_Keep_it_simple
Tata. Steel on verge of breakout after long consolidation ?NSE:TATASTEEL is trading above 954 which is a signal for bullish breakout of head and shoulder pattern. According to chart patterns this scrip will result in a target of 1235. Long positions can be initiated for short to medium term. BTW today it will declare results too. - Strong demand - Growth in overall segment - potential and record earnings - Stock split next week The idea shared is for educational purpose only.
NSE:TATASTEELLong
by jay-chopra
3
SCHNEIDERSCHNEIDER:- The stock has also given a breakout by forming a head and shoulders pattern and has come for retesting, 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.
NSE:SCHNEIDERLong
by AjayDhakad_Keep_it_simple
COFORGECOFORGE:- Head and shoulder pattern is formed wait for breakout "Also take trade with strict stop loss as all companies results are coming now volatility is very high" 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.
NSE:COFORGELong
by AjayDhakad_Keep_it_simple
1
REC Forming Inverse Head and Shoulder Pattern, Will it work.?It has always been interesting to see a dividend paying stock at its crucial long term resistance zones. Big people do not consider it a worth "buy" at higher levels. But why? - Dividend paying stock are not for growth, as major chunk of company's profit goes into dividend payout. - Dividend yield, which become lesser and lesser at higher levels. So why would one invest in a stock which is not likely to grow much and the dividend he is receiving is far lesser than Fix Deposits. ------------------------------------------------ Now it a clash of technical analysis and fundamental analysis. Technical Analysis says buy strength, go with trend buy above resistance level. ************************************************ On other hand fundamental analysis consider company's cash flow, valuations and expected future growth. ----------------------------------------------- Every time I see market it teaches me a new thing a new lesson some are sweet some are bitter. I am open to new ideas and not rigid on past experience and saying. In TA we believe that history repeat itself but believe me if you closely observe enough, you will see every event in itself it is completely unique. ---------------------------------------------- Hope you enjoyed this post thanks for reading.
NSE:RECLTD
by TRADEWITHFUN247
3
ULTRACEMCO - Swing Trade + Head & Shoulder patternThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis
NSE:ULTRACEMCOLong
by TradewithAditya
6
Crisil weekly trend analysisCrisil weekly trend analysis. > Falling wedge breakout > 7 months downtrend break on weekly timeframe. (From may 2022) > Size of the pattern is 890 rs. > Forming an Inverted H&S Which is bullish pattern. > Entry break and trade above 3100. > Potential targets 3223,3424,3626,3840. > keep will be 7-10% below entry price. > position size : 10-20% of the trading capital. > max risk : 1-2% of trading capital. > time : 1-6 months. > Happy swing/positional trading. Note: only for educational purpose, trade at your own risk.
NSE:CRISILLong
by pankaj1614312
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 :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:VINDHYATELLong
by AjayDhakad_Keep_it_simple
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.
NSE:ULTRACEMCOLong
by AfnanTAjuddin
15
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.
NSE:VADILALINDLong
by AjayDhakad_Keep_it_simple
4