H&S pattern possibiltyKeep watch
This is just for educational purpose.
In future there is possibility this stock price goes down.
Head_and_shoulder
Multi year breakout with Head&Shoulders pattern in CANARA BANK Looks like CANARA BANK is going to give multi year trendline breakout(2010-2017-2022). It also formed inverted head and shoulders pattern. Banks are also posting good results , if budget(01-02-2022) is positive we can see breakout soon.
Target according Head and shoulders length
Target1 : 251
Target2 :261
MACD : Positive
Heromotoco has made Head and Shoulders pattern This stock has underperformed in the entire 2021 Year, stock can give good returns if gives breakout from the neckline, also the results are on calendar road, so let's see!
M_Mfin Long (3 Feb)M_Mfin Long (3 Feb)
RSI-62
Inverse head & shoulders pattern
Buy at CMP- 169
SL- 160
Target- 183, 195
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
State Bank of india before budget daysbin currently trading between 518 to 538 price range
i am assuming it is creating inverted head and shoulder, with such bullish market structure it can give nice breakout and if it sustain above 540 it can go upto 565 -568
indicators
MFI ;looks normal and strong
TSI : equally good no weakness
ema : price trading above 50 ema indicating bullish sign
NOTE; volatility is expected and will be higher because of event day
PSU banks have posted good results than PVT banks as SBIN been the largecap and leader of Psu scetor it will be getting some sort of event effect, with govt planning on divestments most of the money flow are expected to diverted to SBIN
TRADE ONLY IF YOU SAME CONFLUENCE OR CAN RELATE YOUR IDEAS WITH ME
thanks,
happy trading !!!
How to take Head n Shoulder Pattern Trade
This is a Way to take trade with Head and Shoulder. Once completed pattern wait to retraced the market after that take trade as per candlestick pattern. Stop loss as per Candlestick pattern.
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If you want to know about your stock please mention in comment.
Note: This is not Paid only for Educational purpose.
WIPRO [HEAD AND SHOULDERS]The head and shoulders chart is said to depict a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end.
Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
MARUTI (W) - HEAD & SHOULDER PATTERNNSE:MARUTI
Strong Buy Range 8200---7800
Stoploss 6400 WCB
Targets 9400---10000---12000
Rational :
Head & Shoulder Pattern Breakout on Weekly chart
RSI above Bullish level of 60
TataSteel - Head & Shoulder Pattern Once Neckline is broken, H & S bookish target is the vertical distance from head top to the neckline & projected below. Thanks
JUBLINGREA Long (14 Jan)JUBLINGREA Long (14 Jan)
Inverse Head & shoulders pattern
Buy at CMP- 632 or at 615
SL- 590
Target- 671, 693
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Cholahldng - Cholamandal Finance Inverted head and shoulderNSE:CHOLAHLDNG
Cholahldng - Daily Chart
Pattern : Inverted Head and Shoulder (Incomplete)
View: Bullish for long term
Neckline : 710.00
CMP : 690.40
Buy: 701 (50%) - 711 (50%)
Stop loss: 663
Short term Target : 740 - 760
Long term Target : 760 - 860 - 1000 - 1200
Looks like Head&shoulder in DMARTNSE:DMART is forming head and shoulders pattern and also symmetric triangle
Head&shoulder :
Target1:4220
Target2:3300
Symmetric triangle :
Upward target:5900
Downward target:3300
RUPA - Weekly Inverted Head and ShoulderRUPA Weekly :
Pattern : Head and Shoulder Pattern (Inverted) - Possible Reversal
Necline: Blue Trendline
Buying zone : Blue and Red Trendline
Breakout level : 590.
Important level to accumulate above : 555.00
Currnelty Trading on Neckline of Pattern
Bought at 515 Stop loss 489.00 - Use 30% of capital
Buy at 550 - use 35 % of capital
Buy at 570- use remaining 35% of capital.
View : Long after breakout of 589.95
Short term Target : 10 %
Long term target : 100 %
LICHSGFINShort Sell
LICHSGFIN
Picture perfect H&S pattern on both weekly and daily chart.
Short Near 365-372
Stop loss - 380
Targets - 340 / 320 / 300
Its a positional trade keep holding with Stop Loss.( Trailing )
NSE:LICHSGFIN
IH&S breakout in HCL techHCL tech has given breakout of inverted Head and shoulder pattern. if sustain , then can give very good return.
rest is detailed over chart.
Disclaimer : This is for educational purpose only
RBLBANK [Head and Shoulders Pattern]Head and Shoulders Pattern
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. I will not be responsible for any of your PROFIT & LOSS with my trading view id .
Consult your financial advisor before taking any decisions
TCS HEAD & ShoulderNSE:TCS TCS is forming H&H pattern. It is good to trade it. Volume is also buyer baised we can trade it after breaking of neckline or sell below piviot point if unable to break. consider nifty also while trading
MIRZA INTERNATIONALwe can see a good breakout in mirza international share, share is in consolidation phase from a very long time.
We can see a head and shoulder pattern in this share
we can make it long from here with Stop loss of 55 and the targets are 110.
Thanks
head & shoulder patter possibleThere is a possibility of head & Shoulder pattern.
Head & neck pattern former, now shoulder remaining.
Keep watch
This is just for educational purpose.
KNR Construction buy call for good returnThe stock breakout Inverse Head & Shoulder 3 session before with good volume. RSI just shows above 60, required to remain above 60.Bullish cross Over in MACD & On Last session Close above Ichimoku Cloud.
Buy above 300
CMP-299.85
Terget-352
Stop loss-280
Happy Investing
ESCORTS Head and Shoulder patternESCORTS
Purely ultra short term trade for 2-3 days..
wait for Head & Shoulder Pattern Breakout...
Buy above 1845
Stoploss Below 1829
Targets are : 1869, 1885, 1895
If it crosses 1900 then one can hold for bigger targets..
Nifty formed Head&shoulders(22Nov-8Dec)Nifty formed Inverted Head&Shoulders pattern between 22Nov-8Dec (Missed oppertunity)
Head target around - 305-320pts
Sell ACC for Target 1830 Head and Shoulder pattern conformed with big read candle.. Take Entry after close below read candle ... (daily Close below 2285 )
SL Head and Shoulders base line...
also check head & Shoulder conformed with previous buy zone.
