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Head and Shoulders

JKPAPER -inverted head and shoulder pattern breakoutJKPAPER -formed an inverted head and shoulder pattern on the weekly time frame and broke out the right shoulder with a huge volume potential positional trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to invest, trade, and/or speculate in the markets. I am not an investment advisor.
NSE:JKPAPER
by Rajachandrasekaran
NIFTYBANK: "Red Pill Dispenser" - House of Cards!It is easy to ink a story, then endure as an actor (be it trader or investor). Red pill dispenser, a case of choice between remaining in a state of blissful ignorance (blue) or accepting a painful reality (red). Hopes don't build a home, when trust is at stake. The darling of the banking, which "Excel"led quite a century plus, remains the hurt burn of the market. More so when it carries the weight of the market. There are no winners, all those who ought to carry the bag will undergo the pain. The weak leave or the smartest leave early. The hope of long-term story remains a mystic oversell to the investors. Passive is a fad, active is in! Even to write, just buy, one has to gather courage is the extent of the deep cuts that one has seen, thankfully, the readers and followers have no such issues. The continuation of HnS turns out to be a reversal and meets its first target in a day. The maximum it can reach is 44500. Does this remain as one off, or will it turn into much bigger and questionable moves one, remains to be seen. Lot at stake as of now. Ideally a dead cat bounce is what one ventures the thought. Markets are supreme. 45700 is one decent support, ideally that should remain as short-term zone of demand, while 46600 remains as the zone of supply. Bulls need quick move past 47200 if they have to make any come back, that looks fairly unlikely. Near term zone 45500-46500, shocking dive can hold around the 44600-44800 area.
NSE:BANKNIFTY
by sreebhashyam
INTLCONV : Inverse Head & Shoulder pattern#INTLCONV #patterntrading #breakout #swingtrading #momentumtrading #stocksinfocus #stockstotrade #stockstobuy #stockstobuy INTLCONV : (1-3 Months) >> Breakout Candidate >> Inverse H&S Pattern >> Low Risk High Reward Trade >> Good Strength & Volumes >> Techno-Funda Stock Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:INTLCONVLong
by moneyfesttrading
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