JAGRAN : Multibagger Trading Idea 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: JAGRAN
🔍 Description: Stock has made head & Shoulder pattern and given breakout.
Now stock has retested the neck line of the head & shoulder pattern.
We can see further upside from here on.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Head_and_shoulder
WIPRO Ltd., 20% ROI, Right time to invest.Right time to invest.
fundamentally good.
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Entry:425
target:435 / 459 / 531
stoploss: 415
major stoploss/ support: 399
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Enter conservatively after "425"
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IT stocks are going to boom.
long term investment; min 20% return.
huge potential is there.
Long term holding ;
if you are interested in invest NOW, go for it with small risk,
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. more than that "WIPRO". , is fundamentally good.
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.refer our old idea attached below
IBREALEST - Inverted Head & Shoulder breakout - Reversal setupThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Will Bank Nifty break its ATH?An inverted Head and Shoulder pattern activated on the daily charts of Banknifty after completing the restesting of 200 Daily Moving Average (DMA). It is very very good sign which confirms that bank nifty may breach its all time high as nifty has already did.
All the traders who are aware, they know the imapct of the pattern and its results....
REPL | SPEED & STRENGTH - A SOLID COMBO!Points to Note:
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1. Inverse Head & Shoulder Base, indicating accumulation with purpose
2. The right Shoulder also has printed an Ascending Triangle, reinforcing the aggressiveness of buyers
3. The Breakout of the Neckline was preceded by a HH, HL movement. Price is also sustaining well above the Neckline
4. The SPEED from the Ascending Triangle breakout will stand firmly on the STRENGTH of the H&S.
Considering these points, a buy can be initiated:
Entry: CMP -220
SL:186
Target: 274 (Pattern Height of H&S)
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
ICICIPRULI | HEAD & SHOULDER BODisclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
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Reasons to buy:
1. Stock in Downtrend, forming a good base for reversal
2. Strong Head & shoulder foundation for reversal
3. Long Candle breakout & now CMP is retesting the Neckline
Entry: 526
SL: 514
Target: 550
RR: 2
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: LALPATHLAB
🔍 Description: Stock has given a breakout of Head & Shoulder pattern and now retested the neck line. So its very likely stock will bounce from the neck line and we cann see momentum on the upside !!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
MATIC HEAD AND SHOLDER PATTERNMATIC formed head and shoulders clear bearish chances to make short selling target is 0.623
Banknifty (Weekly Analysis)Banknifty. (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
Leave a " Like If you agree ".✌.
Follow for regular updates 👍
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For " long "
entry: 44520 / 44575
target: 45030 - 45250 - 45760
stoploss: 44410
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For " Short"
entry: 44250
target: 44030
stoploss: 44320
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency "💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
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Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "200-300" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
Beware!!! Big fall coming in nifty of more than 800 pointsAn inverted head and shoulder pattern is visible on daily chart of NSE:NIFTY expecting a fall of 800 or more points.
Trading levels are mentioned on the chart
One can create a fresh position in the scrip as per the levels mentioned on the charts.
Disclaimer: this is for education purpose only.
BERGERPAINT: Likely to form Reversed Head & Shoulder PatternBerger Paint likely to form Head & Shoulder Pattern.
Wait for breakout from 675 level if you are safe investor.
Risky investor can enter at current level 565 to get more gain.
#Current Price - 565
#Expected Target - 900
#Resistance Based Targets
- Target 1 - 712
- Target 2 - 900
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 563
- Target 2 - 524
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
WESTLIFE - 2 Possible Entries with Inverse Head and Shoulder🙌 Welcome to another educational analysis, where we'll discuss the recent breakout of WESTLIFE from an Inverse Head and Shoulder pattern. Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst.
📊 Key Details 🚀
WESTLIFE broke out of the Inverse Head and Shoulder pattern on June 1st with significant volume, reaching an all-time high level. Let's discuss the two possible entries:
First entry: Above 852, which is the breakout candle's high.
Second entry: At the retest of breakout at neckline .
For both entries, ensure the Stop Loss (SL) is placed below the neckline around 800 to manage risk effectively. The first entry is more suitable for aggressive traders, while the second entry provides a safer option for both aggressive and conservative traders.
💡 Technical Terms Explained 💡
Before we proceed, let's clarify some technical terms used in this analysis:
💡 Inverse Head and Shoulder pattern: A reversal chart pattern characterized by three troughs, where the middle trough (the head) is lower than the other two (the shoulders). The neckline connects the highest points of the two shoulders.
💡 Breakout: When the price of a security moves above a certain level of resistance, indicating a potential upward trend continuation or reversal.
💡 Neckline: The resistance line connecting the highest points of the two shoulders in an Inverse Head and Shoulder pattern. It acts as a crucial level to monitor for potential breakouts or breakdowns.
Remember: Always conduct your own analysis and risk assessment before making any trading decisions.
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