Reliance - can the weakness continue? After the falling wedge breakout I posted earlier
Will reliance take support on the trend-line or break it?
Will it take nifty to lower levels along with it.
Can be weak after a close below 2400
Stay tuned
Head_and_shoulder
Greenply - Head and shoulderHead and shoulder
Be cautious with a close below 163
Looks weak as bounces are getting shorter
MAHINDRA & MAHINDRA - Great opportunity - Swing Trade/InvestmentThe 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.
For broader view - see this image
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.
1 Day up 1 Day down | Trade Planning for such type of Market Nifty - 15380 breakdown - back to the sideways box ( Future Shoulder of Head and Shoulders )
BankNifty - 32750 breakdown - back to the sideways box ( Future Shoulder of Head and Shoulders )
Crude oil breakdown on D Time frame - Good sign to trade auto sector as a hedge for long trades with price action
TATA CONSUMER HEAD AND SHOULDER PATTERNHello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
Banknifty 1.global sentiment negative
2. war was not end
(Chart shows a breakout )
(small Up Trend )
1.IF Tomorrow gap up if break the resistance 33600 .. if we can see the price action for buying side and exit at the target price
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade
3.if gap down cross wait For close the 5 min or 15 min candle the crossed 33135 buy and wait for the target 32931
Left shoulder and head is created
Possibility my have on up side (up to previous week swing high)
Note . this just prediction. market can happen anything
Multiple Timeframe Analysis of Coal India1 Day chart - Fake breakout and Retest
1 Hr chart - Trendline
15min chart - Head and shoulder pattern
A good entry would be a 15min candle close below the neck level head and shoulder + trendline breakout.
REC LTD head and shoulder patternlet's wait for the confirmation candle then we will plan for 1:1 target for coming week.
Head and Shoulders Formation on BALRAMPUR CHINIThis script is forming Head and Shoulders formation on Daily and Weekly Timeframe.
We can initiate a short position on this script when a daily candle closes below 350 level neckline.
Stop loss for this trade can be placed above 380 levels.
1st Target: 290-300
if this major support of 290-300 is breached then we can see much more lower levels around 220-250.
Risk Reward for this Trade:
Target1 R:R- 1.5
Target2 R:R- 3.0
!!! This is not an investment advice and do your own due diligence before investing/trading on any script !!!
!!! This post is only for educational purposes and not advising anyone to trade on behalf of this trade !!!
DRREDDY | INCOMING BREAKOUT | 2:1 RRDrreddy has been repeatedly testing an important resistance level of 4400. Forming a double bottom, Drreddy has established a good base & is now ready for breakout above 4400. Trade is as follows.
Entry 4365
SL 4239
Targets 4644, 4796.
Please trade according to your risk appetite. Once in the trade, enter SL first.
Happy Trading!
GBPUSD First Short then LongGBPUSD First Short then Long, As market is following a head & Shoulder pattern, so it is expected to reach to the level of up arrow drawn, but before it reaches to this point, market will take a re-test to the neckline of head and shoulder pattern
happy profitable day guys
bitcoin pullback trade setup after a long bearish move and bad sentiment
btc price has formed a consolidation pattern and
on 1h time frame we can see a inverted head and shoulder pattern
initiating trade according to -
as per neckline drawn on the chart
after the breakout only we can enter long and keep stop loss below the shoulder line
info line drawn from the head of the pattern indicates the up move possibility
duration of the trade could be short term
trade with proper risk management and position sizing
Head and shoulder breakdown is on its verge below 225. Stay tuneHead and shoulder breakdown is on its verge below 225. Stay tuned
CHOLAMANDALAM INVESTMENTThis stock has broken down support trend line on daily chart along with good intensity of volume.
Stock is possibly forming a bearish head and shoulder pattern and currently, the neckline is at 603. close below 603 will confirm a head and shoulders breakdown which may the open the gates of 482 levels.
Also trend indicators like macd, rsi, rk momentum, rk mass psychological cloud, dmi and adx all are supporting same bearish bias, which increases our confidence to go short in this stock. Price is now trading below 20DMA and also below lower bollinger band which increases our negative bias as a momentum fall expected. The elliot wave structure suggests that the short to medium term uptrend has reversed because wave A was possibly a five wave decline, and corrective pullback wave B looks complete and now possibly wave C is unfolding. RK's momentum also given a sell signal.
If wave C is going to equal to wave A then 562 is minimum to go for, and if it goes 161.8% of wave A then we can see 482 levels ( head and shoulder pattern's size )
Breakdown with a good intensity of volume
Price also broken 20DMA and now trading below lower Bollinger Band
macd negative crossover on daily also below zero line
macd already running negative on weekly chart
RK's stop line along with mass psychological cloud suggesting to go short
RK's momentum sell activated on daily chart
rsi on daily downtick and below 40
dmi adx also negative on daily chart
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.
Nifty is in a HurryIf Breaks Then The Targets could be Taken at 15900 .
Time Frame :- 1 Hour
Patterns Name :- Head and Shoulders
Symbol Name :- Tata Motors
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Retest to the neck of a false breakout1. Good probability of creating a head and shoulder pattern by taking a retest from the below support
2. Confluence of .618 Fib level.
Tata Coffee on breakout Here i am back with a new idea on Tata coffee and you can see it has a head and shoulder pattern that give you a uptrend but market trend is up so be it can be a buy and the target 1 is Rs. 219 and target 2 is Rs .228 and rsi also indicate uptrend and my opinion is it will go up and also the target is too high that why it can be fail Hope you like this idea and pls like and follow me Good bye
tarde on our own risk bye
Comment Stock name which you want my analysis
Good bye.
\Wait for breakout
Pidilite Industries for InvestmentNSE:PIDILITIND
Head and Shoulder Pattern Breakdown. Avoid buying here.
Major Support at 1900, followed by 1800 levels.
for Long Term Investments, follow the channel pattern.
Entry Price- 1800
Target1- 2200
Target2- 2500
Pidilite Industries is leading stock in chemical sector as well as it is a consistent performer.
H & S Pattern under FormationPowergrid is forming Head and Shoulder pattern which is seen on the daily chart.
All the details, target levels are marked.
Disclaimer: This is only for educational purposes only. Trade at your own risk.
AU SMALL FINANCE BANK - PRICE ACTION + HARMONICS AU SMALL FINANCE BANK
1- The formation is of head and shoulder pattern
2 As per the Harmonics also we could see Gartley
getting formed in this
3 if the point b is broken and sustained we can see a good fall in au small finance
simple chart but looks like a good opportunity
your valuable comments motivates for more and more charts
but i prefer to do only on the right set up
All the best
Thanks
Inverted Head And Shoulder in CIPLAInv H&S in daily timeframe
Breakout in 1hr timeframe
Consolidation after breakout in 15min
Trade invalid below 980
