Head and Shoulder: Tata ConsumerFor Education only.
Char it forming Head and Shoulder pattern. Price can fall below if it breaks neckline.
Head and Shoulders
Ageis Logistic - cup and hand & head and shoulder patternAgeis Logistic is forming 2 formations - cup and hand & head and shoulder on weekly basis. Short Target of 450 and we can expect a long term target of 600+. Other factors:
1. RSI is improving, sustainable above 60 will make it bullish
2. MACD is positive
3. Volumes is increasing
4. Highest ever TTM Net profit
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
DAILY BREAKOUT ACHIEVED. MORE EXPECTED.NSE:FSL Daily breakout was successfully completed and even broke the weekly breakout level but selling kicked in and it was obvious it'll face some resistance there, now expecting a re-test and then weekly breakout further.
[Swing Trade] - LALPATHLAB 2388BO seems inevitable in LALPATHLAB. Keep an eye. I do not recommend others to trade on my views.
GNFC - Weekly AnalysisIn the Weekly Chart of GNFC ,
we can see that, it will soon be bullish.
Also, it is leading towards inverted Head & Shoulder breakout.
Expected momentums are shown in chart.
Investment pick:-SAILSAIL is on the verge of giving big monthly breakout from trendline.
It is one of the few PSU stocks which have not shown rally in past couple of years.
We can expect huge upside in this stock given the improved profitability and efficiency of the company.
Definitely a must have stock in portfolio if interested to invest in metal sector.
However, metal sector is highly cyclic and have higher risk associated.
Supriya Life-A picture perfect IHNS breakout!If you are a pattern breakout trader, you will definitely love this idea!
Supriya life science has given a good breakout from inverted head and shoulders pattern and is looking strong for a reversal.
Stock can test ATH levels soon and might give bigger targets in future. Stock should give weekly closing above 400 for confirmation. Safe traders must wait for tomorrow's closing before entering.
A must stock to keep in watchlist!
[Swing short Trade] BSOFT - 660 ...huge fall ahead?Formed a head shoulder pattern. Expecting a good fall from here. I'm not trading this setup and neither i recommend others to trade on my views.
NAVINFLUOR STOCKNSE:NAVINFLUOR Stock is likely to break out of an inverse head & shoulder pattern.
Buy above 3265 rupees.
Target 1 is 3300 rupees.
Target 2 is 3400 rupees.
Stoploss below 3030 rupees (One Day Candle Closed).
#FINEORGANIC - INVERSE H&S BREAKOUT#NSE:FINEORG - (DAILY)
CMP - 4451.45
TARGET - 4750, 4800
WEAK BELOW - 4320
~Stock consolidating in parallel channel
~ Last day candle gave Inverse H&S breakout
Disclaimer: This is not a buy, sell or Hold recommendation. It is only for educational purpose and learning technical analysis. Please do your own analysis and consult your financial advisor before investing. We are not SEBI Registered Advisor.
Nifty 50 - Inverted Head N Shoulder Fresh Buying 22 Apr 2024Nifty 50 - Inverted Head and Shoulders Pattern with Fresh Buying Signals (as of 23-04-2024)
This chart analysis highlights the emergence of an inverted head and shoulders pattern in the Nifty 50 index, indicating a potential bullish reversal. The pattern consists of three troughs, with the middle trough (the head) being lower than the two surrounding troughs (the shoulders).
The breakout above the neckline, formed by connecting the highs of the shoulders, suggests a shift in momentum from bearish to bullish. Additionally, the presence of fresh buying signals confirms market participants' interest in pushing prices higher.
Traders may consider this setup as a buying opportunity, with potential targets based on the pattern's projected move. However, it's essential to monitor price action closely for confirmation and manage risk accordingly.
H&S pattern trendline breakoutGood volume buildup in daily timeframe.
H&S pattern trendline line breakout with good volume.
Enter only when the high gets broken and price sustaining above the high.
NOTE: i do my analysis, do your before trade.
Solara-A risky reversal trade for multibagger returns!Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years.
If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC.
Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.
Volatile sidewaysNifty after the upmove formed a continuation H & S but the breakout did not succeed and settled in a expanding triangle.
Likely to be in sideways for a while. Range trading is wht we need to do now
Nifty IT Head and Shoulders Pattern Breakout Down SideNifty IT index (CNXIT): it has recently experienced a breakout to the downside from a head and shoulders pattern, indicating potential bearish momentum. This pattern typically signifies a reversal of the previous uptrend, suggesting a possible downturn in the IT sector. Traders may consider adjusting their strategies to account for the increased likelihood of further declines in Nifty IT stocks.
REPCO HOME FIN. SWING TRADE OPPORTUNITY REPCO Showing good strength in Daily tf and also showing good structure in lower tf (2h).
Made an Inverse Head & Shoulder pattern.
Tgt range should be 500 if market situation remains in bull's favour.
Stop loss should be shoulders low around 430.
Lauruslabs-It can fly towards ATH again!Lauruslabs has given a good breakout of trendline and horizontal resistance with volume.
Stock is looking strong for a reversal and can fly towards ATH if market supports.
Keep in watchlist.
LIC trendLIC has strong breakout after "Slanted inverted head & Shoulder pattern" If sustains on this level it can give good move.
ICX: Bullish Reversal Ahead?🚀💎 Paradisers, it appears that #ICXUSDT has formed an inverse head and shoulders pattern, which often signifies a potential bullish reversal.
💎Should #ICXUSDT successfully breach the resistance level, it would confirm the inverse head and shoulders pattern, potentially leading to a bullish movement.
💎In the event of a pullback, we may anticipate a bounce from the bullish Order Block (OB) due to the prevailing bullish market structure.
💎However, if the price breaks down below the bullish OB without clear confirmation, it might be wise to exercise caution and await more favorable price action before considering any trading decisions.
Long on IOCInverse head and shoulder in 1hr, go long with 5-7% target with strict SL.
This chart is only for educational purposes, trade at your own risk
BOND is gearing up for a potential bullish breakout! 🚀💎 Paradisers, #BOND has recently exhibited notable market dynamics, showing signs of bullish reversal with CHoCH and the formation of an inverse head and shoulders pattern.
💎If the price breaks above the resistant level, it would confirm the bullish reversal pattern, potentially leading to targets being reached up to the next resistant level.
💎In the event of a pullback, we may anticipate a bounce from the demand level. However, it's advisable to wait for confirmation before entering any trades.
💎In the scenario where the price breaks down below the demand level, it may be considered bearish. However, given the overall bullish trend, it might be better to ignore such bearish signals for now and wait for clearer price action to form.
ATOM is gearing up for a bullish breakout! 🚀💎 Paradisers, #ATOM has recently broken out of a resistive trendline and is forming an inverse head and shoulders pattern, which increased probability of a bullish move.
💎If #ATOMUSDT breaks above the resistant level, it will confirm the inverse head and shoulders pattern, potentially leading to targets till the next resistant levels.
💎In the event of a pullback, we can expect a bounce from the bullish OB due to the overall bullish market structure.
💎However, if the price breaks down below the bullish OB, it may be considered bearish. In such cases, it might be better to ignore immediate actions and wait for clearer price action to develop.
💎Keep an eye on #ATOM's price movement for confirmation of its next direction and adjust your trading strategy accordingly.
💎 MyCryptoParadise
iFeel the success🌴
