Head_and_shoulder
IDBIIDBI:- The stock is showing a May Head and Shoulders formation and is about to give a breakout. keep on Radar.
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.
FDCOne can also enter one head and shoulder pattern is active
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Apollo Hospital : +33% Upside PotentialApollo Hospital is trading in the 700 points range for the past 3 months, now the price has further narrowed down to 300 points range, Last 2 days stock has shown above-average volume and heading towards previous strong resistance TRENDLINE from which we have witnessed multiple rejections in price.
Summary :
- 3 Months price consolidation
- Price range getting narrowed
- Healthy Bullish Candles
- Inv Head&Shoulder Pattern
- VP not supporting the bullish move(POC around 4600), NEED TO CLEAR FOR THE MENTIONED TARGET BELOW
Conclusion : Any BO above 4650 Could take stock towards 5087-5597-5965-6193
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Gabriel India LimitedGABRIEL:- Stock may have formed head and shoulders and also given breakout, 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.
CASTROLIND - Head & Shoulder pattern breakout - Swing TradeThe 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
Bajaj finance chart dailywhere do bajaj finance go first ? What do you think ?
1. Bearish H&S is forming break below neckline. it will fall.
2. It will rise from Support zone.
3. It is forming a continuation pattern, it will rise after breakout above trendline.
4. it is making a bearish pattern descending triangle, it will fall.
Please do comment your answer.
my vote goes 2 option.
Note : only for learning, not a trading tip.
MANNAPURAM FINANCE - RISK REWARD OF 1:7 - HnS Pattern.This stock has been falling in a downward channel from last many months .
Stock fell in a downward channel and in the process lost 50 % of its value.
Chart suggests that price has come out of the downward channel with
higher high double bottom formation & this has lead to the formation of
Inverted Head & Shoulder Pattern.
With good results this stock can aim higher.
For Risk Reward , Check The Video.
Cheers !!!
AVT Natural - Head & Shoulder PatternAVT Natural has formed a bullish head and shoulder chart pattern and ready to break the neckline.
If neckline break and sustain that level then we can see upside momentum.
Chart pattern is in progress so be careful, do not rush to trade. Wait for the confirmation line breakout then we initiate a long position.
IRB INFRA - Breakout Trading with multiple confirmation - SwingThe 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.