QUICKHEAL Reason for the trade: Inverse Head and shoulder Downtrend from Jan 18 (Distribution phase) Accumulation started from Jun 19 Waiting for Breakout on the neckline area soon and start Mark up phase :) Also high volume for past 3 months!! Note: Only for educational purpose!!
* Inverted Head & Shoulder pattern Breakout in Monthly chart with high volume .
Looks good for swing trade LUMAXTECH gave INV H&S BO on Weekly chart Consolidation on Neckline can be seen. Sustaining above 166.50 Levels can be good upside move
Likely to reach 780 level and more. Pros: Trading nears its all time high, has registered a good result in last quarter and more over Pvc pipe has observed hike in their price during last month.
Everything mention in chart itself
Banknifty seems to have formed Head & Shoulder pattern in daily chart. Be cautious. BankNifty may experience free fall. Avoid put writing (selling) of future buying. This is as per my analysis. I may be wrong too !!! Do Your Own Study Before Taking Any Decision All These Charts Are For Learning Purpose.
Please like the idea 😎👍 HEAD AND SHOULDER pattern observed in sbin SHORT BELOW 384 INTRADAY TARGETS -375/370 POSITIONAL TARGETS 365-360 STOPLOSS- 391
Looks like SBI will break the support and fall as low as 350. Please do your own research before trading.
key points :>>>>>>>>>> 50 ema = 218.5 aws osc = -4.86 rsi = below 45 1 month low = 217.55 strong fall supported by volume keep on radar disclaimer - trade @ own risk
Jamna Auto NSE:JAMNAAUTO forms a Reverse Head & Sholuders Pattern on weekly & daily timeframe. After breakout of neckline, it retested the neckline again in last days. As per the theory of Head & shoulders pattern, it should be on its way to attain Head height from the neckline so we could be looking at the targets of 75+ in the script. Good entry levels can...
FSL, giving short term Inverse Head and shoulders breakout. Stock is about to break trendline and then Tgt will be 125/130. Invalid below 100
dominos pizza is their company in india and exactly a day after 14th feb it has given breakout with volume spurt.
Chemical Sector seems in good move Bodal is in good momentum and given inveretd head and shoulder breakout in previous session If Previous day high breaks, Long can be initiated wsl 66 Target 130, 155 Short term trade Disclaimer : This idea is for only educational purpose
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before...
Waiting for neckline break....
RCF : Head & Shoulder on weekly chart. Weekly Closing above 200 SMA. Right Shoulder Bottom taking support on 50 SMA and bouncing back. Rising RSI and Huge Volume bar. Looks good for 25% upside. CMP : 67 Target : 83 SL : 58 Almost 1:2 risk reward setup Chart Only for Education Purpose