CiplaAgain my favourite pattern. Slanted inverted H&S. This pattern is my invention. Trade is missed though. Just sharing for knowledge. It's on ATH now. Can be taken into consideration if trendline re-test.
Head and Shoulders
AUROBINDO PHARMA looks like its going to blastAuropharma is making an inverse head and shoulder pattern at a resistance level, now this is not a reversal pattern, it is a bullish continuation pattern which forms during an ongoing trend. The only point of concern is that the pattern is being formed at a resistance level of weekly timeframe. Weekly levels hold more weightage than any short period timeframes. If you love to risk then go ahead otherwise if you are a confluence trader like me, you can skip it.
If the breakout comes real, this will hopefully touch all time highs.
If i had to enter this, i will wait for a retest
Possible trend reversal break-out. #Evidence of bottom and trend reversal
*As shown in the chart stock price has started forming higher high's and higher low's (3 higher high's and 3 higher low's)
*Stock giving break out of bottom reversal inverse head and shoulder pattern,by clearing multiple previous pivot high's neckline
*Stock crossing 200 EMA,re-testing it and moving back above it making higher pivot low
*Every raise is accompanied by decent volumes,indicating smart money entering.
Over-all at CMP of 25.50 one can go long keeping stop-loss at 20.00 and can expect prices to show 37-39 and 44-46 levels in coming days.Hence we have Risk reward of 1:3
Disclaimer:This are just my views on the stock no position should solely be taken on its basis.
Fresh Breakout_ PrincepipePrince pipe witnessed a fresh breakout.
Multiple breakouts on weekly charts (Inverted Head & Shoulder) & (Flag & Pole)
Breakout coming after 2021, likely to open for an upside till 1000+ levels
IOLCP - Weekly AnalysisIn the Weekly Chart of IOLCP ,
we can see that, it is leading towards Inverted Head & Shoulder breakout.
Possible momentums are shown in chart.
APLLTD - Weekly AnalysisIn the Weekly Chart of APLLTD ,
we can see that, it is leading towards Inverted Head & Shoulder breakout.
Enter on breakout of Hammer candle's high with low as SL.
Expected momentum is shown in chart.
BANDHANBNK - Weekly AnalysisIn the Weekly Chart of BANDHANBNK ,
we can see that, it has given Inverted Head & Shoulder breakout.
Let it retest the trendline and then enter with SL.
Expected momentum is shown in chart.
NIFTY MEDIA Sector Analysis (1W TF) - 16th December 2023#NIFTYMEDIA Sector Analysis (1W TF)
Pattern: RECTANGLE BOX BREAKOUT
(Or Inverted HnS or Cup and Handle)
- Breakout of Neckline Resistance expected
- Wait for Breakout
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
JUBLPHARMA | Yet one more high probable setupJUBLPHARMA | Yet one more high probable setup - Looks good for doubling
CMP : 509 (Dip : 450)
SL : 370
Target : 1000
INFY IS BREAKING H&S ON WCBINFY is breakinng h&s pattern on #weekly chart
with good volume and rsi
#target can be 1920
educational idea
buying idea in eur/usdoveroll trend is up
its recent history suggest buying on forming inverted head and shoulder type of patttern
as per shown in chart
so here is the plan
Reverse Head and Shoulder - MASTEKPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Dalmia Bharat - Cup & Handle and Inverse Head and ShoulderDalmia Bharat is making inverse head and shoulder and also a cup and handle formation. We can see price movement to 2900-3700. We can see a inverse Head and Shoulder pattern and a technical target pf 2900. And if we a longish Cup and Handle pattern, once we get confirmation, we can see price moving to 3700.
Other factors:
1. RSI is above 60
2. MACD is positive
Given the target is huge, we can expect some longer holding period.
"Clean Charts, Easy Charts"
Learning and Earning!!!
Cheers!!
INDUS TOWERS LTD: Inverted H&S PatternINDUS TOWERS LTD: Inverted H&S Pattern
Text book type example of Inverted H&S pattern
Breakouts the Neckline with huge surge in volume
Levels mentioned on chart & given target seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
C O P P E RCOPPER made inverse head n shoulder pattern on an hourly chart with decent OI & also near its strong resistance zonce of 715.
If copper breaks past 715 then buy with mentioned stoploss & target.
Risk:Reward = 1:2
industowerthe stock has creating beautiful price action facing tuff resistance on 200 level
keep an eye if close a strong candle above resistance zone it good swing trade
Time to earn and buy policy from PolicybazarInverted head and Shoulder Breakout is going to happen
Buy : Above 804 (minimum 2 hour candle)
SL : 695 (daily closing)
Target : 947, 1180
RRR : 1:3.5
Use Trailing SL after 1:2
WIPRO Ltd., 20% ROI, Right time to invest.Right time to invest.
fundamentally good.
.
Entry:425
target:435 / 459 / 531
stoploss: 415
major stoploss/ support: 399
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Enter conservatively after "425"
.
IT stocks are going to boom.
long term investment; min 20% return.
huge potential is there.
Long term holding ;
if you are interested in invest NOW, go for it with small risk,
.
.
.
. more than that "WIPRO". , is fundamentally good.
.
.
.refer our old idea attached below
Puravankara HNS breakoutBuy Puravankara Between 113-127
Stop loss: 96
Target 1: 162
Target 2: 200
Head and Shoulder breakout
Volume breakout
OFSS - Long - Inverted H&S Breakout Coming SoonNSE:OFSS - Looking good with a pending breakout at 4254 levels from current price. With a SL below todays day low, one can look for long trade for a probable target listed on the chart.
Let's see how the story develops. Best wishes!
Disclaimer -
- My thoughts are shared here. This is both for my own records and for keeping track of what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
- It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance.
- Before investing, conduct your own research and consult with a financial advisor.
TIA!
IBREALEST - Inverted Head & Shoulder breakout - Reversal setupThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
NOTE - Usually Price Shows reversal with help of certain setups - Inverted H&S, Cup & Handle, Wedge pattern & Ascending Triangle Pattern.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
