The stock is seeing a huge volume cluster near its long term breakout neckline/trendline. A strong indication that absorption is going on, and the stock may show a huge upside anytime soon. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of...
NSE: KRBL We are again looking at an inverted Head and shoulders pattern. We have large candles indicating good volume. Wait for breakout and enter Educational purpose only - trade at your own risk. Good luck.
NSE: LIBERTSHOE After forming an inverted Head and shoulders pattern, the Liberty shoe has already touched the resistance zone multiple times and seems ready. Wait for the breakout and enter Educational purpose only - trade at your own risk. Good luck
cummins ind very good descending channel breakout and also forming inverse head and shoulder
Potential break out for Bank nifty if it sustains above 35500 in 1 hr candle. As you can see candle is at the top end of a wedge pattern in Long term and a reverse head and shoulder pattern in the short term. This can get Nifty to all time high in the coming weeks. Fingers crossed.
Learn from mistakes, no one can predict the exact direction of market like coin's head or tail bt we can find the probabilities after tossed the coin.
Banknifty under perfect INVERTED HEAD AND SHOULDERS pattern identified which shows bullish continuation but not at one go! , Since the momentum done was huge on Friday, there is probable chances of market being sideways for upcoming couple of days and continue its bullishness For better confirmation make sure BANKNIFTY sustains itself above 35600 which had been...
Cummins forming good inverted head and shoulder at the break of monthly downtrend line with good volumes. both good for swing trade with target of 12% and a start of new uptrend.
Hi Guys, Please find the detailed analysis of my view in Bharathi Airtel Ltd Time Frame of Chart - Daily Current Trend: Bearish Trend Reversal Pattern found in Candle Stick: Hanging Man Volume Support the Reversal based on Candle Stick : Yes Whether EMA50 Cross EMA200? Flat ATR Volatility? Down Chart Pattern: Triangle (Descending) and Head & Shoulder Build Up...
BANK NIFTY ON LONG SIDE, BREAKOUT HAPPENED IN HSH PATTERN EXPECTED MOVE IN NEXT WEEK 35900 LEVEL.
This is a multiyear breakout from resistance as well as inverted H&S Target - 1) Short term 66 2) Long term 85 Stop Loss - 1) Short term below 52 day closing basis 2) Deep stop loss 43 month closing basis Use your discretion Not sebi registered
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL...
Reverse Head and Shoulders Pattern in Bank Nifty NSE:BANKNIFTY
Very good breakout on weekly and daily timeframe of a long down trend and inverted head and shoulder at the breakout on daily chart.
LOOKS GOOD ABOVE RESISTANCE LEVEL FOR DECENT UPSIDE IDEA IS FOR EDUCATIONAL PURPOSE
Inverse Head and shoulder forming But at 118 Stop loss 77 Target 195
In an hourly chart, banknifty broke the inverted head and shoulders pattern. we can have a target of 35900.