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.
A simple long term view about banknifty (weekly time frame), done for study purpose. It is nicely getting the shape of inverted "head & shoulders" pattern. yes, if that breakout could reach 55k. Thanks.
Sakuma Exports - CMP 8.15 buy for Target 13-19-23-26-33-35-44+ SL below 4
Buy Cochin Shipyard at 385-387 Stoploss 363 Target 425 Study : Inverse Head & Shoulder Breakout and Retest Structure
Bombay Dyeing - Weekly Analysis - looks getting ready for breakout adding some qty @ 89 Will add more if get @ 65-80 range Target 120-150-180-200-250-300+ SL below 60
Skipper LTD CMP 82.75 Buy For Target 100-140-160-185+ Add More If Get @ 70 SL Below 50 Holding Period 1-2 Years
Inverse Head and Shoulder pattern formation is seen and breakout and long position if next candle will be bullish
WAIT FOR ZONE TO BREAKOUT. AGGRESSIVE TRADER CAN ENTER AT RISING SPPORT LINE. REFER HOURLY tf FOT BETTER CLARITY
Buy above 353 for 2.5,7,15+++ Sell below 348 for 2.5,7,15+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk