Here is my 2 cents on HDFC LIFE as why I am very bullish on the stock
1.Inverse Head and Shoulders pattern on daily and weekly time frame.
2.Decending Triangular pattern on upside, signifying continuation of major trend i.e., uptrend.
3.100 day Moving Average support.
4.3rd time taking support on the trend line.
5.Stock taking support 3rd time at 0.236 Fibonacci...
Hello friends , Today i have the technical chart Of Bajaj Finance . Friends as you can see here that it is in a down trend but it can go up because it is on it is making Head and Shoulder ,but it has broken its neck line and now i think it will go up but it can be also down from here i have shown the targets and stoploss . And also remember to read out the notes...
IEX has been consolidating since Jun 20 in narrow range and gave breakout 14 Sep 20 and retested its breakout level in previous day session. Formation of a good bullish candle here will make a good buy for swing / Long term. You can see inverted Head and shoulder pattern as well.
Look For Sell
Entry :- 778
SL :- 850
Target :- 200DMA Or 640 (According To H&S Target Rule.)
Keep Your Eyes On Index
(Risk Must Be Managed.)
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Hello friends , Today i have the technical chart Of Relaxo Footwears . Friends as you can see here that it is making Inverted Head and Shoulder chart pattern which means it can go up but if you see closely that it can also break and can go down . Because it is not that much type nice Inverted Head and Shoulder . Its Neck line you can take is at rs 680.10 and its...
The stock has given a breakout from Inverted H&S and Cup and Handle pattern..The stock has moved from the range of high and lows of 15 Oct 2020 candle by breaking the high of that candle after 3 days...Have marked the targets in the chart...