Head and Shoulders
Chola Fin co., Looking good ; min 20% Roi ; swingFor short term investment ;
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Wait for small retracement & daily candle to close above - "1260".
Trade carefully untill ENTRY level.
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Entry: 1260
Target: 1430-1560
sl: 1199
major stoploss/ support: 1190
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer old posted idea attached below.
Dow Jones ready to resume DOWN TREND!#DJI DJ:DJI
Attached: Daily Price Chart as of 20th Jan 2025
Time for Dow to DUMP again🩸 and resume its former Down Trend📉
as the rally since 18th December is a sideways corrective flat wave pattern and so the Impulse Bea Wave to follow next🐻🔨
Price can target 200 Day EMA, also forming a HNS Pattern and then take it level by level for further breakdowns
Head & Shoulders Alert: Jain Irrigation Systems (JISLJALEQS)
Entry: Above ₹84.36 🚦(Safe Traders Wait for a close above )
Stop Loss: ₹68.41 (SL: -19%) 🛑
Targets:Target 1: ₹106.52 🎯 (+26.2%)
Target 2: ₹136.84 🚀 (+62.2%)
Risk-Reward Ratio:T1: 1:1.38
T2: 1:3.27
Profit booking is subjective. Book profits as per your appetite.
📈 Technical Highlights:
Pattern: Forming a Head & Shoulders (Positional pick).
Volume: Picking up significantly 📊.
Candle: Closed below major resistance with a wide-range candle.
DMA Levels: Trading above 30DMA & 50DMA, showing strength.
Bounce: Taking strong support at 30 & 50DMA.
RSI: Bullish momentum ⚡.
⚠️ Key Risks:
Trading against the trend. If markets fall, the probability of this trade failing increases 🚨.
Quarterly Results: Around the corner 🗓️, so be cautious of sudden volatility.
💡 Risk Management:
Position Sizing: Essential due to a deep SL.
Proper risk management is key for survival in case the market turns against this trade!
📋 Disclaimer:
This is not investment advice. Always conduct your due diligence and maintain strict risk management when trading. 🚩
Ircon International SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Aegis Trying to breakout of a long consolidation. Observations:
1⃣Trying to break out of consolidation/DarvasBox.
2⃣Closed Right below previous ATH/Resistance.
3⃣Huge Volume
5⃣Inverse Head &Shoulders on DTF.
6⃣Dry Volume During Consolidation/Pullback.
1⃣Action Plan:
➡️Entry Strategy: Enter on a retest of ₹969.5 in case of a gap-up opening or Enter Above 1017.25 with 50% qty and wait for a retest.
2⃣Risk Management: Place a stop loss at ₹843(Day Closing Basis).
➡️Use trailing stops to lock in profits as targets are reached.
➡️Volume Confirmation: Monitor for sustained volume above average to ensure the breakout is genuine.
➡️The confluence of the Inverse Head and Shoulders and Darvas Box breakout significantly strengthens the bullish case.
Market is very weak. So exercise extreme caution and manage the risk.
Himadri Speciality Chemical Ltd. Himadri Speciality Chemical Ltd. is a leading player in the chemical industry, primarily engaged in the manufacturing of carbon materials and chemicals.
Profitability: The company's profitability has been on an upward trajectory, with significant growth in net profit margins and overall financial stability.
Technical Analysis: On the technical front, Himadri Speciality Chemical Ltd. is exhibiting a Head and Shoulders pattern on the daily time frame, indicating a potential target of 670++
cipla trend?cipla took 5 times support at 1440,
two time at 1330
formed a head and shoulder but failed , made fake out but a dark cloud cover was formed at 1690-1700
now breaking below and closing below 1440 can go to 1330
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
Wonderful Bullish H&S breakout1. In a long term uptrend as per 200 SMA.
2. In accumulation phase for last 3 months. Have made a wonderful bullish head and shoulder pattern.
3. On day TF, it has given a breakout today with closure above previuos resistance leve with higher volume.
4. Entry can be made above high of breakout candle; Entry: 796; SL: 766; Target: trail as per 9 EMA, as it gets into profit.
Nifty analysis for 09/01/2025.Nifty is trading around the major support zone and today it has formed a hanging man candle near the support.
On the daily charts, there is a dual support i.e. 200 EMA and a support zone.
A Head and shoulder Pattern is also being formed in charts. If the pattern is confirmed a good bearish move can be seen in the Indian market.
Bullish trades can only be initiated only when there is a confirmation pattern near the support
Major support zone :- 23146-23500
Resistance levels :- 23675, 24000
Wait for the price action near the levels before entering the market.
"Kalyan Jewellers (KALYANKJIL): Fibonacci Targets After BreakoutKalyan Jewellers (KALYANKJIL) is at a critical juncture after confirming a bullish inverted head & shoulders breakout. The stock is currently retesting its neckline around ₹773.45, presenting a compelling risk-reward setup.
1.Pattern Formation:
->The inverted head & shoulders pattern is intact, signaling bullish momentum.
->Neckline at ₹773.45 acts as the key breakout level.
2.Fibonacci Targets:
->1.618 (₹812): Immediate target.
->2.618 (₹871) and 3.618 (₹929): Mid-term targets.
->4.236 (₹965): Extended target for strong bullish momentum.
3.Support Levels:
->₹724 (0.786 retracement): Strong support from Fibonacci and previous lows.
->Trendline Support: Indicates continued uptrend.
4.Risk-Reward Setup:
->Buy Zone: Sustained move above ₹773.45 with volume.
->Stop-Loss: ₹718.60 to minimize downside risk.
->Targets: ₹812, ₹871, ₹929, and ₹965.
Final Thoughts:
The stock is consolidating near its neckline, providing an opportunity for bullish traders to enter with defined risk. The Fibonacci levels align perfectly with the pattern targets, adding further confidence in the upside potential.
Are you tracking this breakout? Let us know your targets and stop-loss levels in the comments below!