BPCL has beautifully respected its uptrend after taking support from a long term trendline and 50EMA during the pullback after successfully creating a head and shoulders as updated on my previous analysis of BPCL. All of this done on above average volume Traget at 346.75 which is the recent high Stop Loss: Below 50EMA Keep It Simple
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 If You LIKE MY Idea ……Boost………….. its “Disclosure : I am not...
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...
Madrasfert 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...
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...
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...
Monthly 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...
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 ...
head and shoulder b] IF YOU LIKE MY IDEA ……like its 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
BHEL Long (19 Aug) RSI- 69 Head & shoulders pattern Buy at CMP- 56 SL- 50.5 Target- 64.5, 71 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
I daily make educational content videos on Financial markets
JUBLFOODS 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...
it is continuously making head and shoulders pattern from day and years. May be it will again making... CMP 67
I daily make educational content videos on financial markets
BSE:ULTRAMAR #BSE:ULTRAMAR given multiple confirmations with high Volumes.... #Trendline BO #Resistance BO #CupandHandle #Headandshoulder inverted. T: 418, 475+ SL: Resistance/TL. If you like the analysis, pls reply in comment, with your replies only will share the next chart here. Expecting atleast 50 replies to post next chart. No point in sharing the...
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...
bank nifty invert head & shoulder in wait for retest then buy
1) Inverse Head And Shoulder pattern 2) Short term trend is bullish 3) Breakout level is crucial 4) Overall Sentiments looks bullish