Head_and_shoulder
BAYER CROP SCIENCE ANALYSIS 20.01.2021BUY 5747 TO 5577
TARGET 6586
Reason For Buying This Script :
In this script now only it is forming head and shoulders pattern in weekly time frame.
And it also closed above the neckline it has also completed retest moment.
Now we can go for entry.
Note :
Neckline are mentioned in Red color Line .
Above given levels are based on weekly time frame. It will take some
time to achieve the target.
Sterlite Technologies - Inverted Head and Shoulders patternSterlite Technologies Weekly chart shows Inverted Head and Shoulders pattern. There is breakout seen. Can buy at cmp with a stop loss of 171. Or can wait for some correction and buy in dips. Can go long with trailing stop loss for the technical target of 286.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
CholaFin on the verge of a Head & Shoulder breakdown!!??On the 30 min timeframe, Cholamandalam Finance seems to be on the verge of a breakdown if it is able to break down the level of 362!!
The OI data also indicates Short Buildup!!
Once it breaks the level, the first expected stop will be 350, then 340, then 330 and the final target expected is 310 odd!!
Cheers!!
Head & Shoulders patternHUL has formed a Head & Shoulders pattern in the 25 min time frame. So if it gives a breakdown, it can go down at least 60 points.
But bear in mind it is near oversold zones in the RSI. So if it fails to breakdown, a trade can be taken on the long side too.
If short ---Downside target: 2070.
If long ---Upside target: 50 points.
SL : The blue line.
(PS: I'm more on the upside bcoz the price just came out from a double bottom pattern, )
HEAD N SHOULDER IN BANK NIFTYSame like nifty 50 analysis.... bank nifty is also bullish.
As we all know that , Nifty 50 Travel so far as compare to BANK NIFTY...on monthly candlestick chart.
So Once it crosses or retest at neck line after break-out... bank nifty will move so fast as compare to nifty 50.
One more plus point is that..
- Bank nifty recently crosses 200 EMA , and halt at that level. Above 200 EMA line is right time to invest for long run.
Stay Bullish... Keep investing.😊😎🤞
Sbin Head and Shoulders breakout longI hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.