Welspun enterprises chart analysis> Forming an inverted H&S pattern
> breakout above 110 , price may go up to 150. as per classical chart pattern target.
> only for learning, trade at your own risk.
Head_and_shoulder
HAVELLS inverted head and shoulders !!NSE:HAVELLS
#HAVELLS inverted head and shoulders pattern with levels.
stock also trading near to TL, and high chances to BO.
SBI bank - Short term Bullish trendSBIN is now trading inside channel, for short term there is more possibility for bulllishish.
Entry at 480 : stoploss at 450:
Avoid aggressive entry, take entry after retracemnt.
Aftert breaking channel bullish trend will starts.
Do your own analysis before taking entry.
Head & Shoulders Bottom in JPYINR 4HJPYINR currency spot pair has formed a head and shoulders bottom on the 4H time frame. The price broke out of the resistance line today. It would make sense go long on a retracement back to the trendline for a measured move target of 0.60 on the spot pair.
SGX Nifty Performing a Head & Shoulder PatternSGX Nifty Performing a Head & Shoulder Pattern if it will break 16550 for down side then surely it will touch 16450. Wait for closing below 16550.
Nifty chart analysis for tomorrow 26th julynifty is forming a H&S pattern.
after breakdown below neckline nifty may fall 130-200 points.
swing trade idea.
only for education. trade at your own risk.
NIfty_Head and Shoulder patternAhead of Fed event it will give some correction
Please wait for retest and target is of head and SL is of right shoulder
Head N Sholder in HGSHop Success ful break out Head N Sholder Pattern.
Head and shoulders formed in 1 Day timeframe. There is more possibility for bullish . For conservative entry wait untill break out 1400 level and then go for entry.
Target is T1 1580, T2 1683, T3 1780,
inverse head and shoulder pattern in UTI AMC ITS EDUCATION PURPOSE ONLY ,hey hi guys ,just seen this pattern in the stock,if you wanna follow ,just follow ,,,,,if you want to take long just go for it,it your choice,
5Paisa at its Strong support Level n Making its Right Shoulder5Paisa at its Strong support Level n one Possibility to Make its Right Shoulder You Can buy at support and Ride With Right Shoulder in One Day Time Frame... RSI also Giving us a Positive Divergence
Trade on Your Risk
= } Rule1 } you can take long position when 8 EMA Cross 21 EMA in 1Day Time Frame
First Target 230
Second Target 380
Stoploss 273
{ Follow Rule 1 }
NIFTY UPCOMING JOURNEY PREDICTION 20-07-22DRAWINGS IN THE CHART
Showing NIFTY CURRENT PICTURE, the Head and Shoulder Pattern.
NIFTY BIG PICTURE drawing is not shown, but dates are mentioned, so you can visualise or draw on your charts as per the dates and levels mentioned.
NIFTY BIG PICTURE
Since 05.05.2022, Nifty is in the process of forming Inverted Head and Shoulder pattern in the hourly chart.
From 05.05.2022 to 03-06-2022, formation of Left Shoulder with its peak placed at 15750.
Its Neckline has been placed at 16800. This level has acted as a support for Nifty in the past.
The current uptrend in Nifty (from 17.06.2022) may push it to 16800, which will complete the Head of the pattern, its Head being placed at 15200.
NIFTY CURRENT PICTURE
Again, price action suggests that Nifty might be in the process of making a Head & Shoulder pattern from 20.07.2022. Currently it is forming the Left Shoulder with its peak placed at 16588.
Its Neckline might be at 16400. This level has acted as a crucial support for Nifty in the past, thus this level being a natural choice for the Neckline.
After touching 16400(Neckline), Nifty might continue its upward journey upto 16800. This will form the peak of the Head of the pattern, and complete the Head of Inverted H&S pattern.
Again, keeping the big picture of Nifty in mind(i.e. Inverted Head & Shoulder pattern), after touching 16800, Nifty may retrace back to the levels of 15900 to 16000. There is a high possibility that the price of Nifty might reverse from here. This level may indicate the peak of the Right Shoulder, again, if and only if, the big picture of Nifty is bullish. If not, then price might go down from here. N.B: 15750 will act as the last defence for the upward journey of Nifty if it breaks 15900, failing which the larger trend of Nifty will become bearish.
In either case, Nifty might go down from 16800.
Investment Strategy
Long: 16400-16800
Short: 16800-16000
Option type: Monthly Option Call & Put.
Happy Trading.
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
VEDL | SIMPLE Head and Shoulder TRADEDisclaimer: Always trade according to your risk appetite. Always enter SL first.
Levels & logic explained in chart.
RR is 1:2
Thank you.
Colpal: Inverted H&S PatternColpal is making Inverted H&S pattern on 15 min and 1 hour time frame. Last resistance Breakout worked as support next time.
Perfect entry is yet to be triggered at 1572 for easy 1:2 Targets of 1600/1620
DISC: Please consult your advisor before making any bet. This is for educational purposes only.
RESISTANCE BROKEN IN SHARDAMOTRDisclaimer: Always take trades based on your own risk appetites. And always enter SL first.
Points to note:
1. An important zone of 800-810 tested repeatedly, getting rejected every time
2. Level finally been broken with the help of strong volume upsurge.
3. A good rounded base formation
A Long trade can be initiated as follows:
Entry above 839
SL 763.1
Targets 948.9
Thank you.
Head & Shoulders in BankNiftyTomorrow if BNF crosses today low of 35047 in the first 15 min., it'll go down till 34650 levels. If it doesn't cross, then it's gonna ba volatile day. I'm holding short positions in banknifty. SL is 35200.
LUMAXTECH - Bullish H&S pattern - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months 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.
Perfect Inverted H&S pattern in LODHA.A perfect Inverted H&S pattern is formed in LODHA. Stock is also favourable as per RSI, MACD, BB, and S&R levels.
Buy at current prices for the short-term target of 1400.
Hdfc Life will you sell it ?NSE: APOLLOHOSP
If Breaks Then The Targets could be Taken at 474
Time Frame :- 1 Day
PAtterns Name :- Head and Shoulders
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Hindustan UnileverThis stock has given good breakout from cup-n-handle chart pattern on hourly and inverted head and shoulder chart pattern on daily, along with good intensity of volume.
As per previous price actions support and resistances areas & depth of cup pattern and also depth of head pattern, all are co-incidentally matching with trend based fib extension target levels up to 2750-2900.
One can go long at current levels or in dips (yes possible)
On the way down 20DMA and RK's stop line can provide good support now, which are pegged near 2278 - 2280 areas.
Inverted head and shoulder chart pattern breakout on daily chart
price action scenario along with Fibonacci extension levels
Breakout with good intensity of Volume
Cup n handle pattern breakout on weekly RSI
cup-n-handle chart pattern breakout on hourly chart
Price support resistance areas and trend based fib extension levels
RSI double breakout on daily chart and now above 60 & 70 levels.
RSI double Breakout on weekly chart and now above 60 levels.
MACD in weekly positive and now above zero line.
MACD in daily chart positive and now above zero line.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
HINDUSTAN UNILEVER - Breakout of Head & Shoulder - 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.
Big Fall in CrudeOilThe markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc.
Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%.
Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from where it fell down.
In last month it tried to break the supply zone but it failed. It is clearly visible on weekly timeframe that it couldn't break the supply zone.
On the Daily timeframe we can see the formation of Head and Shoulder pattern from which it has broken down the neckline yesterday. Right shoulder was made from the strong resistance at 8850 from where it got rejected twice.
It is also forming a downward moving channel.
On 4 hour timeframe it has broken down the support with good amount of volume.
Today it is moving in lower part of the channel and I think the closing of the candle will be below 8100.
The MACD and RSI have turned bearish on multiple time frames. If the price of USOIL sustains below $100, we can see further down move in the coming weeks or months.
Disclaimer: This post is meant for learning purposes only. Invest your capital at your own risk.
#GBP AUD # SELL IDEA..Hey M, I am looking to sell GBPAUD below 1.76000 and expecting continuation to the 1.75000 based on fundamental and technical confluence price broke major resistance and tuned to rejection to support and supply creation to continuation of bearish momentum with head and shoulder confirmation thanks.
