EQUITAS Round "head and shoulder " with break-out+ divergence bullish .
Much more time hit price resistance line but not success ... but this time hit and "break-out with high volume " look into chart .
waiting for confirmation candle needed ... becoz stock trade on resistance line
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Head_and_shoulder
How did I time my entry in SAIL?Well, many traders spotted the head and shoulder pattern, but it can be seen that stock didn't move much after the breakout but consolidated in a rising wedge for some days(which is generally a good sign).
Now, in the morning I was looking for an entry so after looking at the 1-hour time frame, I found a perfect triangle rising wedge pattern, so I was waiting for a 1-hour candle to close above the trend line. I took entry at 79 with half quantity and on the retest, I added my other half.
Entry, Target, and Stoploss are mentioned in the chart.
Thank you!
MADRASFERT | INCOMING BREAKOUT | RR 1:3Madrasfert has been attempting to breakout of a resistance zone around 51-52 levels. After multiple attempts and rejections, now one more attempt is being made, this time with good vol. & RSI showing strength above 60. To sustain the breakout, a strong base formation has also taken place, providing a good foundation. So, consider following points before initiating Long.
1. A horizontal resistance tested multiple times & rejected.
2. Now an attempt to break is being made with strength - as indicated by the RSI level crossing & sustaining above 60.
3. A solid base formation ensures breakout sustains above the resistance level.
4. Volumes support the current breakout attempt.
So, with these points in mind, a long can be initiated as follows
Entry above 53.
SL 49
Targets of 61.8 & 64.5
Disclaimer : Always trade according to your own risk appetite & analysis. And always enter your Sl first.
RELIGARE - Strong 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.
TATAMETALI - Breakout of Head & Shoulder pattern - 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.
BEPL - Head & Shoulder + Bull Flag + Retest/Reversal - SwingMonthly chart here -
The 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.
nifty [small correction ]very long time looking head and shoulder . so after long time upside movement there need to correction in market so happen in big time frame not a market crash this a good time for discounted nifty50 stocks .... so do not fear about of market ,... wait for some time after reversal signal taken and confirmation you get enrty for long .... so friend do not worry be happy .... for invest in discount stock after reversal signal ...
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Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
[Positional] Jubiliant FoodsJUBLFOODS has prepared a nice Inversed head and shoulder pattern. And also it has broken out of that pattern very convincingly. Also 590-596 was a resistance zone which it had crossed successfully.
LONG position can be taken in this.
Entry:- 605-605
Target:- 790
SL- 509 ( Ideally SL should be a last shoulder of pattern - but right shoulder is not very clear - little tilted and flat - so taking last the swing low - which appeared after the shoulder )
ULTRAMAR BO, Cup & Handle, TL, Inverted Head & Shou, Resistance.BSE:ULTRAMAR
#BSE:ULTRAMAR given multiple confirmations with high Volumes....
#Trendline BO
#Resistance BO
#CupandHandle
#Headandshoulder inverted.
T: 418, 475+
SL: Resistance/TL.
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Expecting atleast 50 replies to post next chart.
No point in sharing the charts if not useful to u.
Bank Nifty - Head & Shoulder (Head - 38402)Bank Nifty could be unfolding head & shoulder chart pattern in 38155 - 38402 zone. The pattern is yet not formed & have to complete by reversing down from 38350-38402 to the neckline support
Trading Strategy
Trade will trigger only when neckline is breached which is a rising trendline marked as "Neckline" Index has to fall below neckline which is 38200 approx & later has to even fall below 38155
Always know your levels
38150-38160 was the important zone suggested yesterday in the last idea-Bearish Bat. Today morning while opening it had a fall from 38344 to 38155 which took support exactly in 38150-38160 support zone. Our Sell was suggested below 38150 which was not triggered.
Stop Loss
Above 38402 Highs ( Note- Pattern is not completed yet)
Target
Target 1 - 38000
Target 2- 37700
Thank You
Multiple Timeframe Analysis of Ambuja cements1. Stock is in a good up trend
2. Had a healthy retracement and formed bullish candle in monthly time frame
3. Trendline break out in daily time frame
4. Consolidation after trendline break out
5. Head and shoulders pattern inside the consolidation.
MY ENTRY
50% position at the support area
Rest of the position after a breakout of the neck of head and shoulder pattern
"This is not a call, this is just my view on the stock. Please trade sensibly"
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long term investment; min 70% return; inverted head and shoulderinverted head and shoulder is formed in daily chart
now trading inside channal, once it breaks then starts rally
08 August is an event for this script
incase earnings is positive and candle close above 760 then go for it,
untill then wait for news
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout upside
long term investment; min 70% return; inverted head and shoulderinverted head and shoulder is formed in weekly chart
wait for event of this script
incase earnings is positive and candle close above 760 then go for it,
untill then wait for news
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout.