FINCABLES BREAKPOT WITH INVERSE HEAD & SHOULDER PATTERN
* Inverted Head & Shoulder chart pattern breakout in weekly chart with extremely high volume .
#EXIDEIND After forming an inverted Head and shoulders pattern, Exide India has broken the zone and now re-tested the zone. It is now looking to touch 200 and we may see greater levels. Educational purpose only - trade at your own risk. Good luck.
Birlasoft is involved in the business activities of Writing , modifying, testing of computer program to meet the needs of a particular client excluding web-page designing. The Stock has formed has an Inverse Head & Shoulder Pattern on the chart and is ready for breakout. The Company is fundamentally very sound. The company is debt free and has a strong balance...
The chart is educational purpose only. Do your due diligence before taking any trade.
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Head and shoulders pattern, wait for breaking of neck line. Only for educational purpose.
Bajaj Finace is making inverted head and shoulders. Wait for the neck line to break. Only for educational purpose.
1. Price action 2. Head and Shoulder pattern shows 3. Support and Resistance important levels marked in chart .
BUY 4465 TARGET 5341 Reason For Buying This Script : In weekly time frame it has formed HEAD & SHOLDER PATTERN Now price has to come down buy at dip around 4665 . Once if neck line break and close above the neck line in weekly or monthly time frame means further we can go for buy and the target is 6618 to 6742. In monthly time frame it has broken the box...
Gave a breakout with very good volumes. Tested the Breakout area on low volume. Now setting up nicely with fresh volumes coming in. 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 20MA on Hourly chart (on a daily close basis) BUY...
Levels mentioned on chart Note: I haven't traded these type of pattern before also this is very aggressive entry without any solid confirmation. If you do decide to take up the trade, manage your position size accordingly.