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. 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...
AFFLE is making a H&S pattern and also retested it now ready for breakout.
I'm hoping to see an head and shoulder pattern in axis bank on daily timeframe, as it's near supply zone. Please feel free to guide me as im still learning basics of supply and demand zones and how to combine patterns with them for confirmation.
Birla soft is completing the inverse head and shoulder pattern on daily timeframe and is ready to move towards higher targets of 580 in 3 months.
HAL 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...
Birla 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 ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
Reasons 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 .
All 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...
As 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.
4hr time frame great opportunity see trend is now break and volume also weak so
#SAIL Long (24 Mar) Inverse Head & Shoulders pattern RSI- 59 Buy at CMP- 103.8 SL- 97 Target- 110, 117, 127 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Short trade gold will down to 1885 Head and shoulder
all the support and resistance level are marked on the chart please do refer to that and plan your trade accordingly. happy trading !! if you agree with my idea please do like it.
hindalco formed in head & sholder pattern in day chart. Use it for options and intraday
If this second H&S pattern valid, this level going to work till my last target. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
As per the Head and Shoulder pattern, combining with Fibo we see the following happening: mkt can move up for now till it reaches 37855 by March 8th 2022. After that as per the pattern there is high chance of breaking 34000 by 25th-30th March/ 2022
Deepak Nitrite is forming inverter Head&shoulders .According to pattern Target1 :2530-2565 Target2 :2730-2750 100EMA:2250 200EMA:2010
JUBLFOOD looking bearish as it broke neckline on 17Dec according to Chart and Head and shoulder pattern 1 . Target1 :3280-3210(Can be expected) 2 . Target2 :2700-2660(In worst case) 3 . It has to fill Gap of 120Rs around 3205-3090. 4 . Broke 200EMA on Daily chart