RelianceGood move expected in reliance in coming days. Head and Shoulder pattern is seen in stock. Indicates bullish move.
Head and Shoulders
JP Power - Head & Shoulder PatternJP Power has made head and shoulder pattern on monthly chart. Patterns on monthly chart are very powerful, and once it breaks, we can have a return of almost 100%. Other criterions:
1. RSI - above 60
2. MACD - positive
3. Volumes increasing.
Power sector is anyway witnessing buying. Keep a tab!!
"Clean Chart, Easy Chart"
Learing and Earning!!!
Cheers!!
H&S Formation on $SOLA simple formation as it appears.
If we drop back to 75 and recover, it would be good to long at least to the life high of 260.
Feel free to comment.
Indigo paints forming inverse head and shoulderindigo paints forming inverse head and shoulder. It is in consolidation from long time.
Note: This is not investment idea
NMDC - Go LongFor Educational Purpose..
#NMDC BUY Go Long
In Monthly Chart Showing Head and Shoulder Pattern Breakout on Candlestick & Line Chart...
- 12 Year Breakout
- Volume Increases
Buy Above - 150
SL - 120
Target - 165, 195, 225 and more
Thank you
MMTC - Go LongFor Educational Purpose..
#RISKY
#MMTC IS READY TO BUY LONG
- On Monthly Chart Showing
--- Head & Shoulder Pattern Breakout
--- After 10 Breakout
---- Huge Volume Showing Last 2 -3 Months
Waiting Time 3-6 Months
Long Above - 75-80
SL - 55
Target - 90, 100 & 150 More..
Thank you
AUTOIND - Go Long - RiskyFor Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own Analysis.
#AUTOIND IS READY TO BUY LONG - RISKY
- Monthly Chart Showing - Head and Shoulder Pattern
- Last 2 3 Months volume increase
Waiting Time 3-6 Months
Long Above - 135
SL - 110
Target - 190, 200, 210, 225 & More...
Thank you
SEIMENS H&S BREAKOUTSEIMENS breaking h&s pattern
with good volume and rsi
trading above all key ema
EDUCATIONAL IDEA
Ashoka Buildcon - Go LongPrice Breakout, Engineering - Turnkey services sector is also bullish.
Time to take risk in Ashoka with 2:4 R:R
INDIABULLS REAL ESTATEBUY @ 91.90 RS
TARGET @ 100.30 RS
BUYING CONFIRMATIONS: Inverted head & solder pattern breakout
Expected returns are around 9.16 %
Snowman might be a good positional tradeSnowman has given a weekly breakout. Stock can be on watchlist.
Minimum target is 68-69 with SL below 42 DCB.
Idea shared only for educational purposes. It is not a recommendation.
HDFC Group Stock near breakout*POSITIONAL TRADE*
BUY HDFC AMC Between 3000-3300
SL 2650
Target 1: 4500
Target 2: 5150
Trade as per your risk rewards
Accumate in every deep
Stock may breakout any time so give
range to add one can enter at CMP.
Poonawala Fincorp long setup
*Positional Trade*
Buy Poonawala Fincorp Between 435-455
SL 399 (Round 50Rs SL)
Target 1: 533
Target 2: 560
Target 3: 570
Trade as per your risk rewards
Head and shoulder pattern breakout1. Head and shoulder pattern breakout on weekly chart.
2. Stock has been in a good uptrend till 2022 but since then the down trend continued. This head and shoulder pattern indicates a possible trend reversal in this stock.
Head and shoulder pattern breakout1. Head and shoulder pattern breakout with good volume from beginning of second shoulder.
2. Multi year breakout after 7 years with good volume.
Head and shoulder pattern breakout1. Multi year breakout
2. Head and shoulder pattern breakout with good volume.
BODALCHEM - Weekly AnalysisIn the Weekly Chart of BODALCHEM ,
we can see that, it is leading towards Inverted Head & Shoulder breakout.
It has made a decision making candle.
Expected momentum is shown in chart.
SUBEXLTD - Go LongFor Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own Analysis.
#SUBEXLTD IS READY TO BUY LONG
- Near 52W High - 39.80
- Last Week Volume massive
Waiting Time 1-3 Months
Long Above(Weekly candle close) - 40
SL - 33
Target - 47, 54, 60 & More...
Thank you
Buy USOILUSOil appears poised for a "Head & Shoulders" breakout on the hourly charts.
Consider entering a long position if the price surpasses $73.60, setting a stop loss at $71.90, and targeting $76.
Devis lab - Big breakout after very long time downtrend. Pharma sector was performing from very long time. Now Devis has given inverted Head & Should breakout. #headandshoulder #Niftypharma #largecap
Titan, Reverse Head and Shoulders.Titan has formed a reverse head and shoulders pattern on the weekly charts and will have to decisively break out from the current resistance channel and close at a price above 2810 to further validate the bullish pattern.
Stoploss would be just below the resistance channel.
First target would be at around 3775 levels, although given the volatile nature of the markets since after the massive bull run of 2020-2021, I would strongly advise using a trailing stoploss of 20EMA on the weekly chart.
That said, as usual, please ensure appropriate position sizing and risk management practices.
Stock of the Week: SUNDARMHLD - A Bullish Opportunity Unfolding.Weekly Time Frame:
On the weekly chart, SUNDARMHLD is displaying strong bullish signals. The stock is currently undergoing a retest, which often signifies a robust support level. What's particularly noteworthy is the formation of a rounding structure, indicating a potential reversal or continuation of the current uptrend. This structure has the potential to set the stage for a sustained upward move.
Daily Time Frame:
Zooming in on the daily chart, we observe a breakout from the rounding structure mentioned earlier. This breakout not only validates the strength of the bullish trend but also provides an excellent entry point for traders. The gradual consolidation and accumulation over the past few days indicate a healthy and controlled price action, allowing for strategic entry positions.
Key Technical Indicators:
Higher Highs and Lower Lows: SUNDARMHLD is consistently establishing higher highs and lower lows, a classic sign of a healthy and sustainable uptrend. This pattern suggests a strong buying interest and potential for further price appreciation.
Risk Management:
As with any trade, it's essential to implement a robust risk management strategy. Consider setting stop-loss orders to protect your capital and adhere to sound risk-reward ratios. Additionally, stay informed about relevant news and market developments that may impact the stock's performance.
In conclusion, SUNDARMHLD is shaping up to be an exciting opportunity for traders seeking a bullish play. Keep a close eye on the stock's price action, and may the markets favor your trades! Happy trading! 📈💰
(Note: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.)
Bank Nifty Setup for 05 Jan 2024BankNifty is looking good for upside. there is a potential upside and lower levels were rejected.
A possible inverse H&S pattern is forming. watch out
