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Head_and_shoulder

Prataap snacks Ltd - MACD Crossover📊 Script: DIAMONDYD (PRATAAP SNACKS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FMCG 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Packaged Foods DAILY TIMEFRAME Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Script is moving towards its resistance level which is 908. 📈 Current RSI is around 76. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 869 🟢 Target 🎯🏆 - 908 , 1000 ⚠️ Stoploss ☠️🚫 - 799 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:DIAMONDYDLong
by radha_23
Wipro near a break down (26/09/22).Wipro has been consolidating in a range and is forming a double bottom pattern on the weekly time frame. The stock has closed below its 200 ema (weekly chart). The whole IT sector has been in a consolidation phase and is near its recent low. On the daily time frame, stock has given a negative candle and retested its levels of 400. Confirmation points. 1. Closed below 200 ema (on weekly time frame) 2. Started trading below 400 level. 3. Head and shoulder pattern on daily time frame. If the stock closes below 392 level on hourly time frame, a trade can be initiated. Target :- 386.5, 374 Wait for the stock to close below the levels. A price action is must to enter the trade.
NSE:WIPRO
by TheMamboMomentum
Trading Signal For MATICUSDT Polygoninverse Head and Shoulders pattern Trading Setup: A Trading Signal is seen in the MATICUSDT Polygon Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.7296 ⭕️SL @ 0.686 🔵TP1 @ H&S Target 0.866 🔵TP2 @ 0.94 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
MLong
by pullbacksignal
'SAKSOFT' ready for a 'LOFT'Finally, SAKSOFT has given a breakout from huge consolidation of almost 1yr. During this period, it constructed a massive inverted head and shoulder pattern whose depth is 36% and breakout came above 1140. Both volume and RSI are supporting the up move. RSI is breaching above 60. Volume has started buzzing despite Nifty IT lacking strength. The only thing to ponder is stock is going to split on 23rd hence traders who avoid playing events are advised to be on the backfoot or sit with a tight stop and the event trader can take an aggressive stance.
NSE:SAKSOFTLong
by Chaser30
BankBaroda - Bull Trend Continuation with ConfluenceNSE:BANKBARODA What is Confluence trade ? Confluence trade more than one technical analysis methods give the same trade signal. It includes the technical indicator as well with the combination of Patterns, Price action and other charting tools. Originally, the term confluence is used to describe a geographic point where two or more rivers come together to form a single body of water. Traders are using this logic to describe the confluence of multiple trading signals. BankBaroda weekly chart have a confluence of indicator with support in Candlestick chart as follow: 1. RSI = on Head and Shoulder neckline. 2. RSI above 50 indicates bulls are in power. 3. Simple Moving Average : 20 and 200 moving average creating Golden Cross 4. BankBaroda back on Trendline again indicates Support at 90.00 5. BankBaroda above both moving average 6. BankBaroda back on trendline with confirmation of Bullish Price action. 7. Trend continuation can be seen from Price action chart. 8. Trendline breakout at 66 (buy entry with stop loss 63 ) . Trade : Buy for Long term - Bullish continuation Entry : 92.5 Today 25 January 2022. Stop loss: 89.00 Target for long term : 100 - 107 - 110 - 120 - 140 - 180 ++++++++ Note : All the trade I initiate do not have stop loss more than 4%
NSE:BANKBARODALong
by FalgunPrajapatiTrading
2
Siyaram Silk Double Head and shoulder - Asymmetric Triangle.NSE:SIYSIL View : Bullish for Short -Medium - long term. Observation: Head and Shoulder Pattern Completion with neckline 456.00. Breakout Level Necklne of Inverted Head and Shoulder : 446.00 After breakout level tested multiple time and this week the chart broken important trendline. Green trendline will act as Support till 390.00 CMP 28 January 2022 (Friday) = 444.35 Buy : or > = 445 or As soon as Assymetric Trinagle (Pennant) Breakour Upside Stop loss For long term : Not more than 4% (Not less than 396). Target for short term : 455-460-480-490 Target for medium term : 455-480-500-560 Target for Long term : 456-500-600-626-650-698-750 ++++
NSE:SIYSILLong
by FalgunPrajapatiTrading
BALAMINES - 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.
NSE:BALAMINESLong
by TradewithAditya