BSOFT - INVERTED HEAD AND SHOULDER BREAKOUT | POTENTIAL 10%
BSOFT - INVERTED HEAD AND SHOULDER BREAKOUT | POTENTIAL 10%
Buy above : 495
SL : 474
Target : 543
Risk reward : 1:2
Trade Duration : 15-30 days (If not reached within this i will move out)
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Head_and_shoulder
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermICICI PRU Ltd
On weekly chart H&S formation ..Expected for Right Shoulder formation
But resistance at 538 levels
So buy above 540-545 levels on closing basis for 4-10% targets
Keep trailing SL for maximize your profits
In case of Gap-Up or Gap-down avoid above setup
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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ITC Now showing Breakout SignsITC is looking very strong on charts and after a long time it's ready to give breakout above 265-270, you might see some very good movement here.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Head & ShoulderThe head and shoulders chart is said to depict a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end.
Investors consider it to be one of the most reliable trend reversal patterns.
Left shoulder: Price rise followed by a price peak, followed by a decline.
Head: Price rise again forming a higher peak.
Right shoulder: A decline occurs once again, followed by a rise to form the right peak, which is lower than the head.
HAL ready to BlastHAL after forming IH&S is now trying to give breakout above levels marked on the chart with great volumes. Post this breakout this can be good swing trade for short/medium term.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBirla Soft
On daily Chart Inverted Head & Shoulder formation
With Resistance Zone near 481-487 levels
Buy above 487 levels for positional targets of 510-535-550-570
Keep Mid term view
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Perfect Buy Position for HDFCReasons to buy NSE:HDFC :
1. Reverse Head and Shoulder
2. Bullish divergence(Which is very rare confirmation signal )
3. RSI above 50
4.Fibbonacci support of 38%.
Buy in the given range only, maintain SL and Stick to the system .
GODREJPROP - Head and should patternAll details are given on chart with clear explanation.
1. Godrej Properties was in the downtrend since Nov 2021 with LH and LL pattern.
2. Last LL was not taken out by following candles and formed Head and Shoulder pattern in the bottom which indicates trend reversal
3. Breakout happened but with not much impressive volume
4. Chart pattern looks very good and attractive
5. Overall Real Estate sector is in positive
Disc - Am not a SEBI registered. This post is only for educational purpose and do your own analyses before taking any position.
Nifty April 1st bearish viewAs now from 3 days market as formed head and shoulders pattern and to breakout it and move downwords market and retest and make price action upto 17400 level and sustain the move to the 17350....! If the markets consolidates and move forward it can move 17470 to 17600 level by making swings as resistance ahead.