ONGC is breaking out of the Inverse Head & Shoulders pattern it was forming since February. The price has broken out from the neckline and there is an expansion in the volume. I have made an illustration on the left-hand side, to explain the pattern. Targets: 128, 137, 140, 146. You are always advised to use an appropriate Risk-Reward ratio as per your...
RELIANCE INDUSTRY - CMP 2131 BUY FOR TARGET 2160-2195- 2222- 2255-2230-2233- 2277-2333+ TIME DURATION 1- 2 MONTH SL BELOW 2060 CAN BUY JULY 2160 CE CMP 48.5 SL BELOW 33 TARGET 64- 80 100- 120- 140-160+
Medium Term Trade: Spencer's Retail is on the verge of breaking out of an inverted head and shoulders pattern. Buy: Spencer's Retail CMP: 84.85 Target: 100-105 Stop Loss: 79 Holding Period: 2-3 Months Please like and Follow if you find it useful.
Once banknifty started trading above 34900 level then expected strong upside rally of 500+ points. All levels and technical pattern mentioned in chart behind this rally.
1. Made an All Time High in 2018, stock fell from there 2. Formed an Inverted Head and Shoulder (IHNS) pattern over a period of 2 years on a Weekly chart 3. Breakout from pattern with high volumes 4. Pattern's Neckline at 257 has been retested over a couple of weeks with decreased volumes 5. Stock rising again after restesting breakout level 6. Huge delivery of...
#nifty Inverse head and shoulder pattern on bottom level Happy Learning
Inverted Head and Shoulder Pattern seen. Wait for breakout and trade accordingly. Only for educational purposes.
More like INVERTED HEAD AND SHOULDERS PATTERN identified and also a TRENDLINE which had been acting as a RESISTANCE Now standing at MAKE OR BREAK LEVEL as break of 15745 level would not only break the trend line but also the NECKLINE of the potential INVERTED HEAD AND SHOULDERS PATTERN, but candle close is need to confirm the breakout, the safest way to make new...
Script has formed Head & Shoulder pattern. Breakout is done and retesting in progress. Shared only for educational purpose.
Multi-TF Analysis Weekly + Daily : Cup and Handle pattern and Triangle Pattern on weekly charts + Inverse H & S pattern on daily charts. Buy and Hold with patience for Big Targets. Visit below link to see Inverse H & S on daily charts (s3.tradingview.com/snapshots/w/wqdKlOTT.png)
Weekly Chart Analysis : ~165 level was once resistance now acting as support. Watchout for Inverted H & S and, Triangle Pattern Breakout. In recent weeks, formed good bullish candles. Good stock to add in your Investment portfolio.
Weekly Chart Analysis : Trading inside large parallel channel pattern. Coming days, if this share sustains above 200 then expect 300-400 levels easily. Currently, watchout for Inverse H & S pattern with SL as weekly candle close below yellow TD line. Low risk trade. Good for investors.
- Stock is forming a Head and shoulders pattern. -Stock break and sustain above 785 Next level to watch 830/900/970 levels . -Support is near 715 level on chart.
It look like a cup & handle pattern on 1-hour TF. Just learning. This is an educational Purpose.
BULLISH above 34950 for 100,200,500+++ BEARISH below 34750 for 100,200,500+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
The stock has created the inverted head & Shoulders pattern in the daily chart. Short term targets are 6200 with an SL of 5200.