Price Action Analysis: Price action had formed a Bullish Single Key Reversal Price Bar at the end of last week. This week price surpassed the previous week high and made a high at 22440 and finally closed at 21679 below the previous week close at 21754. Currently price is trading below the Seasonality level of 21763. The current price action on a daily chart...
United spirits showing bearish projection for upcoming days. current patterns are shown on chart, safe entry for sell will be below breakdown of base line ( i expect around 575 ).
Head & Shoulders pattern forming on 2H Chart of KOTAKBANK. SELL 1300, SL 1385, Target(s) - 1285, 1275, 1265, and so-on. Measurement from top to bottom = 124. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and acheivable target(s). Alternatively, SL can be decided according to the Hourly...
Head & Shoulders pattern forming on 4H Chart of ICICIBANK. SELL 338-340, SL 380.3, Target(s) - 325, 319, 314, 308, 300. Measurement from top to bottom = 55. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and achievable target(s). Alternatively, SL can be decided according to the Hourly...
Head & Shoulders pattern forming on 3H Chart of AXIS BANK. SELL 415, SL 458.1, Target(s) - 400, 390, 380, 375. Measurement from top to bottom = 69. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and acheivable target(s). Or follow the second option which I think is quite realistic than...
A POTENTIAL Inverse Head & Shoulders pattern forming on Daily Chart of DABUR. BUY above 530, SL 480, Target(s) - 600, 650. Measurement from top to bottom = 138. May need to relook at it again if there are some changes in the chart structure. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on 4 Hours Chart of BANKNIFTY. SELL below 21000, SL 22500, Target(s) - 20000, 19500, 19000. Price Range from top to bottom = 2000. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
HELLO FRIENDS I AM AGAIN WITH A NEW IDEA . FRIENDS IN BANK NIFTY THERE IS A HEAD AND SHOULDER CHART PATTERN . ITS NECKLINE IS AT RS 20954 . IF IT BREAKS THE TREND LINE AND OPENS WITH A RED CANDLE WITH HIGH RED VOLUME SO YOU CAN SELL IT. SO PLEASE LIKE IT AND FOLLOW ME PLEASE . THANK YOU .
The Call is based on Inverse head and shoulder, Trendline Breakout and Supply Zone breakout and retest. It is also Trading in parallel channel. Best Setup Entry between 445-460 Target 480/510 Stop Loss 437 Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not...
We are expecting a very good long on GBPCHF. We have a nice looking inverse Head and Shoulder pattern visible on the 4H chart while there is a large H&S forming on a DAY chart.
Nifty seems unable to push upwards and expected to fall in upcoming days
The instrument today gave a BO from H&S pattern with good volume .... Immediate target for short term would be 206 ... Moreover, as drawn on the chart, the move of the instrument from low of 119 to high of 240 is an Impulse and is followed by a triangle correction ... Hence as per EWT, the next wave has to be an impulse of the same amplitude as the previous...
SUNTECK showing inverted H&S on 4H chart, price broke out of neckline and touched again giving further confirmation. if it do not breach neckline then 230 is the next target,. keep an eye on neckline support.
above 398-400 levels can good for bull....inverse head n shoulder plus consolidation breakout....
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. August Series Option can be traded. Wait for entry setup, if available then Long/short. Reward is 8-10 Times
* For educational purpose - please follow your own research forming inverted H&S - with support at 27 and target for 1st - 33 and final 36 Bank has been showing good performance with its new business model and is looking strong to turn around its fundamentals to head for higher targets. aggressive position - buy at 28.40 safe ones - buy if it sustains above...