RCF - Head and Shoulder Chart PatternRashtriya Chemicals and Fertilizers Limited (RCF) has formed a bullish chart pattern called Head and Shoulder. Chart structure is bullish in every point of views like in a daily chart pattern you found RSI above 60 and also above 200 EMA is a very positive signal of uptrend.
Head is formed at very important zone which act as a resistance for than a decade almost (14 years). After successfully breakout of important resistance now price retest that level and formed strongest support zone with bullish piercing candlestick in daily timeframe. Change of Polarity, Prior resistance become support.
RCF buy above 148
Stop Loss below 142
Target 163 and 186
Head_and_shoulder
BREAKOUT IN IRCON 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF IRCON
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN IRFC 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF IRFC
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
BREAKOUT IN HUDCO 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF HUDCO
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
GNFC 2H CHART ANALYSIS FOR REVERSALNSE:GNFC
#GNFC 2H Chart Analysis🧐
🔹Trend : Down
🔹View : Upside Reversal
🔹Structure : Bear trend + Inverse Head & Shoulder formation near trendline resistance.
🔹Entry : Breakout trade Above 642.50
Detailed analysis on chart Study it and mark levels on your chart.
Keep Learning
Happy Trading.
BITCOIN at Bullish & Bearish bumpy RidesAs per hourly pattern,
#BITCOIN still moving as in proper #HeadAndShoulders Pattern, and it completed almost 80-85% and if CRYPTOCAP:BTC will be completing this pattern properly then it will break out $75k-77k this time for next #NewATH around $80k approx.
Lets see,
where this Bumpy rides goes this time...
anyway, always #DYOR and Trade wisely by Using #StopLoss
and,
SHARE LIKE COMMENTS on every analysis always....
HEAD AND SHOULDERS PATTERN NECKLINE BREAKED IN HINDUSTAN PETROLHEAD AND SHOULDERS PATTERN BREAKED IN HINDUSTAN PETROL
You can see in the DAY chat Clearly showing a head and shoulders pattern
And it's entry point the neckline is also breaked
Meaning it's a goood opportunity for selling
For download side there is a good breakout occurred
It's clearly fall a lot in long-term
The target are also mentioned here
Tp 1 -382
Tp2- 320
Tp3- 264
And the entry point is. 480
Enjoy the opportunity
Stay connected
APOLLOTYRE - Head & Shoulder patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
DCMNVLDCMNVL : The stock has given a breakout by forming a head and shoulders pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HDFCBANKI am not sure to work this chart pattern on 4H time frame .
first time i am share that type stock in my idea , that's reason i am not confidently say to buying stock to study purpose .
hdfc is one of the best stock of my banking list which give huge profit in short term or swing trading .
i share other time frame screen shot with us in below .
for MORE check in my TradingView ID
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. 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 charts / calls, please consult your financial advisors. Thanks🙏
J&KBANK - Reverse Head and Shoulders PatternJammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
Financials:
TTM EPS: 13.10
TTM PE: 5.16
P/B: 1.01
Face Value: 1
Mkt Cap (Rs. Cr.): 6,977
Sector PE: 24.03
Book Value Per Share: 66.86
Positives:
Company with high TTM EPS Growth
Strong Annual EPS Growth
Good quarterly growth in the recent results
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Increasing Revenue every Quarter for the past 4 Quarters
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Negatives:
Red Flag: High Interest Payments Compared to Earnings
Decline in Net Profit with falling Profit Margin (QoQ)
My Opinion: Just like my conviction in PSU Banks, I believe J&K Bank will also give good returns in the coming years.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
Head and Shoulder in RBL BankStock gives breakout of Head and Shoulder Pattern on weekly timeframe and price is giving breakout, just wait for weekly closing to enter.
Now this stock has the higher chances of moving upwards Best entry price around 190.
CMP : 181
Target : 219
Target 2: 274
Stoploss : 163
This is not a buy or sell call, this analysis is shared for educational purpose.
Nifty Price action.Nifty is on make or break level.
It form H&S pattern on weekly chart with neck line 21370. Current week will be the high volatile due Budget and FED meeting outcome.
Nifty may test 21970 on higher side in under high volatility of both event. if It test these level during budget speech and break lower level on down side 21370 on weekly chart H&S pattern will be confirmed.
Next target for this pattern would be 20960-20800.
Paras Defence making inverted Head & Shoulder patternAs you can see from the chart provided, an inverted H/S pattern is currntly emerging on this share, as soon as it breaks the necklin(i.e. - 800-805 level) it will start a journy towards it,s all time High.
A good point for
entry - 805
Target - ALL time high (1250) or 1:3 RR (1180).
SL - 680 ( just below support @Daily TF)
N.B. - This is for education & informational only, Do your own research before investing.