Stock good for short term investments with wick rejection. DISCLAIMER - Analyse by yourself before investing. Do comment and suggest if corrections needed. HAPPY TRADING.
Hi, Please find my study about Voltas. It got Head and shoulders / Cup & handle / Ascending triangle pattern formations. And in day chart today it shown "Morning star" candle at support, which is good sign for earlier entry. But the perfect entry will be after the breakout of 1132 and above. please confirm it before you go for a entry. Hope that helps, Thanks.
KEY TAKEAWAYS An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends An inverse head and shoulders pattern, upon completion, signals a bull market Investors typically enter into a long position when the price rises above the resistance of the...
Hindustan Unilever Limited form inverse H&S pattern can test 2414 and 2460 in 1-3 days.
A breakout of inverse Head & shoulder formation with neckline of 314 has been spotted. The pattern suggests a continuation of the previous HH & HL trend. One can buy the stock on cmp & add on dips with maintaining the SL of 300 and look for the target of 360 (measured tgt) later 380/410
NSE:PERSISTENT Stock tried to break the resistance and retraced, now resistance BO done Entry above the level good Stock trading ATH, so no targets All HL can be tradable and fill your bags
Ramco cement buy of any level 1000-1025 for tgt1075 1-3 days Stock is in bullish mode . parallel channel work
Go Long above 245.6 for Targets of 267.95 and 290.3 with SL 223.25 Reason to go Long : 1. The stock formed a bullish chart pattern, Inverted Head & Shoulder and today gave breakout with high volume. 2. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support...
Head And Shoulder Breakout Retest
Bank Nifty is making inverted Head & Shoulders pattern in 15 min timeline. Bank Nifty also broke the trend line and retracement is complete. Also, Bank Nifty yet to cross All Time High. Also, RBI News today.
It is an Inverse Head & Shoulder Formation. On 18 may 2021, There is a Candle with a good volume breaking the Neckline of the Pattern. This is a positive sign or a confirmation for an Up move. Stock price is taking support of a Neckline. If stock shows some up move and when it breaks the nearest swing high (red candle next to the breakout candle) we can take...
Stock has risen above resistance zone supported by huge volumes. Has formed Inverted HnS
Head and shoulders (Bullish) breakout with good volumes and possible retesting. Enter the trade above 162 for 188-190 targets
NCC has given breakout after making inverse Head n Shoulder pattern. Can go long.