Om Namah Shivay. MCX has been showing a nice setup. There are multiple confirmations of a change. 1. The beautiful Head and Shoulder pattern If breaks the neckline below, brings the price much lower. 2. Also the counting with EW, brings a possible movement. It can be a smaller flat structure where price does not move below C, but that is an...
disclaimer - for study purpose only
UPL , showing INVERTED HEAD SHOULDER breakout ON DAILY & WEEKLY chart. and consolidation at support level on 1hr & 4 hr chart. All levels are marked on Chart for a quick trade. PS: all charts are for educational purposes only.
NALCO is forming a head and shoulder pattern in hourly chart. From chart it seems it could not sustain above 47.55 its long term resistance. If it gives a breakdown it may fall to 44 level and then ultimately to its short term support of 41. View negated if it moves past resistance of 47.55. Disclaimer: - These views are for educational purpose only and not a...
Weekly Breakout of Head and Shoulder on Price as well as RSI Target : 190
COAL India One can enter in COAL India at CMP with the SL @135 Weekly Closing Basis. The stock is forming an Inverse Head & Shoulders pattern with the target of 175-180. Follow SL strictly. PSU's are looking very good on the charts. The volumes are also drying up which indicates consolidation near breakout.
Based on your money management and risk appetite manage your trade. EDUCATIONAL PURPOSE!
#JKTYRE has given BO from Inverted H&S Pattern. All details in chart.
BEL CMP 128 could be a good buy for the target of 140- 160-190.SL is 112 Strong SL is 104. Although market in over bought so be cautious .
COALINDIA | Somebody waking up this Kumbakarnan (Sleeping Giant) that under performed last 7 years ! Whether or not we have low risk and high probable INHS pattern here 😃 CMP : 146 SL : 130 Target : 180, 215 1:4 risk reward (Based on second target)
fall expecting upto 70% from it's high
* Inverted H & S Pattern Breakout with high volume in weekly chart and now trading near pullback support Area. *Gallantt Metal Limited is engaged in the business of production of iron, steel and power. The Company operates through two segments: Steel and Power. * Company is almost debt free. * MCAP -360.00 cr
Breakout happen in 2 patterns check levels in the chart
NSE:GODREJCP Scripts has generated Inverse Head and Shoulder and on weekly chart its trading with good volume. Entry for Swing Holding Trade can be taken at 786 keeping SL 712 . Possible Target of 930-940 can be aimed.
Stock Near Breakout Level !! added in your watchlist !! After breakout i will update . * Made a inverted H & S pattern and this stock trading near 0.618 fibonacci level after breakout neckline of HS pattern price up towards 900.00