NSE:OFSS - Looking good with a pending breakout at 4254 levels from current price. With a SL below todays day low, one can look for long trade for a probable target listed on the chart.
Let's see how the story develops. Best wishes!
Disclaimer -
- My thoughts are shared here. This is both for my own records and for keeping track of what I see on charts.
- If...
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern.
The above analysis is purely for educational purpose. Traders must do their...
Buy SBI Card Between 750-760
SL 710 (50Rs)
Target 1: 835
Target 2: 875
Target 3: 915
Target 4: 995
Target 5: 1160
Duration 6moths to 1 Year
Closed above 50 SMA with volume, possible reversal .
Trade as per you risk rewards.
The Dow Jones Industrial Average(DJIA) is a price-weighted average of 30 blue-chip prominent companies listed on stock exchanges in the United States and these stocks are generally the leaders in their industry.
entry in zones 1500-1480 stop 1430
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgment while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
NSE:FEDERALBNK Stock trying to form inverse head & shoulder pattern. Still right shoulder formation is going on.
Buy sustain above 148 rupees.
Target 1 is 155 rupees.
Target 2 is 160 to 165 rupees.
Stoploss sustain below 143 rupees.
BPCL Cmp 399 dated 16-11-2023
1. Inverted Head & Shoulder Pattern
2. BO above 401
Buy above 401 target 410-425-430-445-450-465
SL 375
Pattern Target 510 SL 360
It is just a view, please trade at your own risk.
Inverse Head and Shoulders Continuation:
This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder.
At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...
Inverse Head and Shoulders Continuation:
This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder.
At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...
CASTROLIND: Inverted H&S Pattern
Castrol Ind nicely shaped up in Complex Inverted H&S pattern
Breakouts the Neckline & Retested it
Levels mentioned on chart & given target seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
An inverted Head and Shoulder pattern activated on the daily charts of Banknifty after completing the restesting of 200 Daily Moving Average (DMA). It is very very good sign which confirms that bank nifty may breach its all time high as nifty has already did.
All the traders who are aware, they know the imapct of the pattern and its results....
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
