CNXPSUBANKInverse head and shoulder formation gives a confirmation that price has reversed well from lower end of the parallel channel and ready to move up. middle resistance zone has be bo and retested as well.
Head and Shoulders
LALPATH LAB - Monthly Head and Shoulder Pattern, Rally done now its on Re-test Level, Best pick for short to long term investment.
BUY LEVEL: 3100-3200
STOP LOSS: 2900 on closing Basis (Daily)
TARGET: Mentioned on Chart.
Himadri Speciality Chemical Ltd. Himadri Speciality Chemical Ltd. is a leading player in the chemical industry, primarily engaged in the manufacturing of carbon materials and chemicals.
Profitability: The company's profitability has been on an upward trajectory, with significant growth in net profit margins and overall financial stability.
Technical Analysis: On the technical front, Himadri Speciality Chemical Ltd. is exhibiting a Head and Shoulders pattern on the daily time frame, indicating a potential target of 670++
Infy - Probable Inverse Head and ShouldersINFY might be doing an IHS in daily TF. Stock looks strong comparing to current price movement of all large caps. Also, stronger dollar might be the reason for strength in the stock.
I'll enter when Nifty starts recovering, or at least makes a green week.
Nifty PVT. Bank Sector Head and shoulder break down. If we get price on trend would be a perfect place to sell. We can see 22800-22500.
cipla trend?cipla took 5 times support at 1440,
two time at 1330
formed a head and shoulder but failed , made fake out but a dark cloud cover was formed at 1690-1700
now breaking below and closing below 1440 can go to 1330
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
Ethereum at a Critical Turning Point: Head & Shoulder PatternEthereum Technical Chart Study
Ethereum is showing some interesting price action. It recently took resistance from its resistance zone and is now forming a classic Head & Shoulder pattern—a structure often signaling potential reversals.
Currently, the price is sitting right at the neckline of the Head & Shoulder pattern. If this neckline breaks, it could lead to further downside movement.
Looking below, there’s some key support to watch:
1. The 2800 resistance zone, which Ethereum broke out of earlier, hasn’t been tested yet. This zone might now act as a strong support if the price moves downward.
2. There’s also a trendline support in play, adding another layer of potential price stability.
So, what’s next?
If Ethereum breaks the neckline, we could see the price fall towards the 2800 zone or possibly to the trendline support. These are the levels to keep an eye on for the next big move.
Wonderful Bullish H&S breakout1. In a long term uptrend as per 200 SMA.
2. In accumulation phase for last 3 months. Have made a wonderful bullish head and shoulder pattern.
3. On day TF, it has given a breakout today with closure above previuos resistance leve with higher volume.
4. Entry can be made above high of breakout candle; Entry: 796; SL: 766; Target: trail as per 9 EMA, as it gets into profit.
BTC LOOK BEARISHBTC look bearshi making zig zag correction of wave 4 Expecting level 86000$ from bounce back.
Nifty analysis for 09/01/2025.Nifty is trading around the major support zone and today it has formed a hanging man candle near the support.
On the daily charts, there is a dual support i.e. 200 EMA and a support zone.
A Head and shoulder Pattern is also being formed in charts. If the pattern is confirmed a good bearish move can be seen in the Indian market.
Bullish trades can only be initiated only when there is a confirmation pattern near the support
Major support zone :- 23146-23500
Resistance levels :- 23675, 24000
Wait for the price action near the levels before entering the market.
"Kalyan Jewellers (KALYANKJIL): Fibonacci Targets After BreakoutKalyan Jewellers (KALYANKJIL) is at a critical juncture after confirming a bullish inverted head & shoulders breakout. The stock is currently retesting its neckline around ₹773.45, presenting a compelling risk-reward setup.
1.Pattern Formation:
->The inverted head & shoulders pattern is intact, signaling bullish momentum.
->Neckline at ₹773.45 acts as the key breakout level.
2.Fibonacci Targets:
->1.618 (₹812): Immediate target.
->2.618 (₹871) and 3.618 (₹929): Mid-term targets.
->4.236 (₹965): Extended target for strong bullish momentum.
3.Support Levels:
->₹724 (0.786 retracement): Strong support from Fibonacci and previous lows.
->Trendline Support: Indicates continued uptrend.
4.Risk-Reward Setup:
->Buy Zone: Sustained move above ₹773.45 with volume.
->Stop-Loss: ₹718.60 to minimize downside risk.
->Targets: ₹812, ₹871, ₹929, and ₹965.
Final Thoughts:
The stock is consolidating near its neckline, providing an opportunity for bullish traders to enter with defined risk. The Fibonacci levels align perfectly with the pattern targets, adding further confidence in the upside potential.
Are you tracking this breakout? Let us know your targets and stop-loss levels in the comments below!
CGpowerBearish trend reversal pattern head and shoulder is clearly evident
711-685 is crucial level to break down.
Aegis Trying to breakout of a long consolidation. Observations:
1⃣Trying to break out of consolidation/DarvasBox.
2⃣Closed Right below previous ATH/Resistance.
3⃣Huge Volume
5⃣Inverse Head &Shoulders on DTF.
6⃣Dry Volume During Consolidation/Pullback.
1⃣Action Plan:
➡️Entry Strategy: Enter on a retest of ₹969.5 in case of a gap-up opening or Enter Above 1017.25 with 50% qty and wait for a retest.
2⃣Risk Management: Place a stop loss at ₹843(Day Closing Basis).
➡️Use trailing stops to lock in profits as targets are reached.
➡️Volume Confirmation: Monitor for sustained volume above average to ensure the breakout is genuine.
➡️The confluence of the Inverse Head and Shoulders and Darvas Box breakout significantly strengthens the bullish case.
Market is very weak. So exercise extreme caution and manage the risk.
IRBb Infra Cmp 60.31 H&S PatternIRBb Infra Cmp 60.31 dated 3-1-2025
1. H&S Patten BO above 61
Buy above 61 SL 57 target 62-63-64-65-66-67-68-69-70-72-74-76
It is just a view, please trade at your own risk.
Head and Shoulder in SensexTook support at Trend Line 4 times, If it breaks trendline a big correction upto 68k can come.
Near 68k level we have
a. H&S Target
b. 50% retracemet from Russia Ukraine war bottom
c. Weely unfilled gap
Inverse Head and shoulders pattern in Bata India buy for 1640hi! as you guys know what an inverse head and shoulders pattern mean i would like to showcase a weekly head and shoulders pattern in bata in which breakout will happen once a closing above 1480 and target will be 1640 and stoploss of 80 points i.e 1400 on closing basis
consult your financial advisor before planning to trade
Chola Fin co., Looking good ; min 20% Roi ; swingFor short term investment ;
Leave a " Like If you agree ". 👍
.
Wait for small retracement & daily candle to close above - "1260".
Trade carefully untill ENTRY level.
.
Entry: 1260
Target: 1430-1560
sl: 1199
major stoploss/ support: 1190
.
.
Enter only if market Breaks
"Yellow box" mentioned.
.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
.
Refer old posted idea attached below.
Kalyan jwellers Head and shoulders aka SHAMPOO patternupside breakout in kalyan jewellers of inverse head and shoulder pattern
trend continuation and strong growth expected with immediate targets upto head width of the pattern.
BATAINDIA LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (i) and (ii), which are shown as blue numbers on the daily chart. Wave (iii) appears to be underway at this time.
Wave (iii), also known as the impulse wave, unfolded into five waves, which are illustrated in red.
Wave levels are depicted on the chart.
An inverted Head and Shoulder Pattern is formed on the chart and the target is shown on the chart. (The Inverted Head and Shoulder Pattern is a bullish reversal pattern).
Level of Invalidation
The invalidation level of 1269 has been identified as the start point of wave (i). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears.
I'm not a registered Sebi analyst. My research is done solely for academic purposes.
Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses.
Regards,
Dr Vineet
PRAJINDPRAJIND has given inverted H&S pattern breakout. It is trading continously higher despite market correction. Market participation is also increased. It is trading nr ATH. Keep it in watchlist.
Silver Turns Bearish Comex Silver
Made the head and shoulders pattern.
Retest Done.
Silver may go upto 25.5 USD
GRSE LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (i),(ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time.
Wave (v), also known as the impulse wave, unfolded into five waves, which are illustrated in red.
Wave levels are depicted on the chart.
An inverted Head and Shoulder Pattern is formed on the chart and the target is shown on the chart. (The Inverted Head and Shoulder Pattern is a bullish reversal pattern).
Level of Invalidation
The invalidation level of 974.80 has been identified as the endpoint of wave (i). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears.
I'm not a registered Sebi analyst. My research is done solely for academic purposes.
Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses.
Regards,
Dr Vineet
Infy looking bullishInfy got reversal head and shoulder in monthly and it detested 1700 and bounce back with good volume for past 2 months can expect 25% to 30% we can expect. One condition here nifty should support we can expect 2600 easily
