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Head and Shoulders

KPIT Tech: Is This High-Conviction Pattern Set to Deliver?This is purely a technical play in NSE:KPITTECH The chart is showing a high-conviction inverse head and shoulders pattern, suggesting a potential bullish reversal. A volume breakout and close on a lower timeframe above 1882 could provide a solid entry point. For this trade one can maintain a strict stop loss of 1790. The targets to aim for are 2054 and 2105, which align with the expected move from this setup . This is a short-term trade idea, but monitor price action and volume for confirmation of the breakout. Additionally, consider any other technical indicators or tools that could further validate this setup. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risks and is not suitable for everyone. Always conduct your own research and consult with a financial advisor before making any investment decisions. The author is not responsible for any losses incurred.
NSE:KPITTECHLong
by sandeshprabhu85
8
ARIHANTCAP - Inverted Cup and Handle -Wkly-Breakout - LongARIHANTCAP - Inverted Cup and Handle -Wkly-Breakout - Long It has two pattern -Symmetrical triangle and Inv CnH. Name - ARIHANTCAP Pattern - Inverted head and Shoulder Timeframe - Wkly Status - Breakout with good volume Cmp - 99.7 Target - 138.3 SL - 75.5/85 Pattern : Inv Head and shoulder The Inverted Head and Shoulders pattern is a bullish reversal pattern Fundamentals Here are some key fundamentals of Arihant Capital Markets Limited (ARIHANTCAP): Market Capitalization: ₹787.09 crore. Share Price: Around ₹76 as of the latest trading session. Price to Earnings (P/E) Ratio: 12.40. Revenue: ₹200.72 crore for the trailing twelve months. Net Profit: ₹47.82 crore for the same period. Dividend Yield: 0.75%. Return on Equity (ROE): 18.12%. These metrics indicate a solid financial performance with a focus on profitability and growth.
NSE:ARIHANTCAPLong
by DailyCharts03
3
UNOMINDA -Inverted Head and shoulder -DailyUNOMINDA -Inverted Head and shoulder—Daily Name - UNOMINDA Pattern - Inv Head and shoulder Timeframe - Daily Status - Near breakout Cmp - 1173 Target - 1494 - need to close above 1193 SL - 1079 Pattern The Inverted Head and Shoulders pattern is a bullish reversal pattern Fundamental : Here are some key fundamental ratios and metrics for UNO Minda Ltd.: Market Cap: ₹630.55 Billion Current Price: ₹1,099.70 Price-to-Earnings (P/E) Ratio: 69.48 Price-to-Book (P/B) Ratio: 12.76 Return on Equity (ROE): Not specified Dividend Yield: 0.29% Enterprise Value/EBITDA: 24.72 UNO Minda is a leading manufacturer of auto components, including electrical parts and accessories2. The company has shown strong market performance, but its high P/E and P/B ratios suggest it might be relatively expensive compared to its earnings and book value.
NSE:UNOMINDALong
by DailyCharts03
RUNEUSDT: Could This Bearish Structure Signal a Major Move?Yello, Paradisers! Are you ready to catch the next big move in RUNEUSDT? Let's dive into the details. 💎RUNEUSDT is currently following a bearish market structure, making it an ideal candidate for short opportunities. Recently, we’ve seen the formation of a Head and Shoulders pattern right after RUNEUSDT touched the bearish Order Block (OB) zone. This pattern strengthens the likelihood of a bearish continuation, but we need a breakdown with a candle close below the support zone for confirmation. This breakdown would also indicate a Change of Character (I-CHoCH) toward the bearish side in lower timeframes. 💎Now, if the price rises from the support zone, there's a chance we could see a potential Double Top pattern form at the bearish OB zone. Again, confirmation through an I-CHoCH is crucial before taking any action. 💎However, if RUNEUSDT breaks out above the bearish OB zone, it’s best to step back. There’s no bullish setup in play at the moment, so sticking to our rules is essential for long-term success. Remember, disciplined trading is the key to consistency. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Nathan
BTC SMALL RETRACEMNT BEFORE 69KCRYPTOCAP:BTC Retracement Opportunity: Preparing for a New Surge to 69K. Bitcoin is currently taking a healthy retracement around the $62K level, presenting a potential opportunity to re-enter long positions. The RSI is cooling off after being in the overbought territory, indicating a pause in the momentum. Meanwhile, the EMA crossovers are signaling a bullish continuation, suggesting that BTC is likely to push towards the $69K target in the coming days.Traders should consider holding their positions or using this retracement to dollar-cost average (DCA) into their trades. The market seems to be setting up for a significant upward move, so stay patient and let the strategy play out. Keep an eye on key support levels and manage your risk accordingly.
BITSTAMP:BTCUSDLong
by crypto_vulture_signals
Is TONUSDT About to Break Out? Here's What You Need to Know!Yello, Paradisers! Are you ready for what could be a major move in TONUSDT? Let's dive into the latest setup and see if it's time to take action. 💎TONUSDT has recently taken strong support from a key zone and has formed an inverse head and shoulders pattern—often a reliable indicator of an impending bullish move. 💎However, before we get too excited, the price is currently hovering near a critical resistive trendline and resistance zone. For this inverse head and shoulders pattern to truly play out, we need to see a decisive breakout above these levels, confirmed by a candle closing above both the trendline and resistance zone. This confirmation could pave the way for a solid bullish move. 💎But what if the price pulls back? If that happens, we might see a bounce from the support zone. For this scenario to play out, we need a clear I-CHoCH (Internal Change of Character) to signal a shift towards a bullish market structure. 💎On the flip side, if the price falls and closes below the support zone, it would invalidate our bullish outlook entirely. The key to long-term profitability in trading is patience and waiting for the best, highest-probability opportunities. Stay disciplined, focused, and ready to act, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Bank Nifty Analysis: Head and Shoulders Pattern in the Making?NSE:BANKNIFTY closed relatively flat today amidst some market volatility. However, the pattern forming on the chart does not look good. We are potentially witnessing the development of a Head and Shoulders pattern, which, if completed, could signal a downward move. If this pattern plays out, we may see the index decline towards the 49,640 level. On the other hand, if Bank Nifty fails to form the pattern and continues its upward trajectory, we can see a significant resistance around the 51,900 level. Important Levels: Support - 49640 Resistance - 51900 Traders, if you liked this analysis or have your own insights, please share your thoughts in the comments. I would be glad to hear from you! 👩‍💻 Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
NSE:BANKNIFTY
by Stable_Logic
Kokuyo camlin : Breakout Stock#kokuyocmln #breakoutstock #tws #fvg #patterntrading #chartpattern #inverseheadandshoulder Kokuyo Camlin : Swing Trade / Short term(1-3 Months) >> Breakout Stock >> TWS Visible >> Stock Bouncing from FVG Area >> Good Strength & Volumes might Pickup soon >> Low Risk High Reward Trade Swing Traders can lock profit at 10% and keep trailing. Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:KOKUYOCMLNLong
by moneyfesttrading
ITBEES - INVERTED HEAD & SHOULDERThe ITBEES ETF is forming a Inverted Head & Shoulders pattern on the weekly chart and is currently developing the second shoulder. Given the potential in the Indian IT sector, there is a strong likelihood that ITBEES will move upward. After breaking the neckline, a retest is expected, followed by positive performance. ITBEES ETF is closely linked to the Nifty IT Index, which is also displaying a Inverted Head & Shoulders pattern on the weekly chart. I'll share the details of the IT Index chart separately. Takeaway Points: Identify patterns in the chart. Always determine the correct support and resistance levels. Decide your entry, exit, and stop loss (SL) before entering a trade. Consider making a 50-50% entry when a retest is expected. *For learning and educational purposes only, not an advice.
NSE:ITBEES
by SatpalS