CnH n HnS B/O above 186. Sl at 183, Pattern Trg at 198-207.
After a huge fall yesterday, it completed the Head n shoulders and took support at an old yellow support level. Last leg was a vertical drop, it may correct sharply, before taking a direction
RELCAP has been moving in cup and handle. Infact it broke out of the down trendline recently and made the HEad n shoudlers pattern in the handle.
NSE:TORNTPOWER has formed inverse head and shoulders pattern in day chart. One can go long above 237.50 T1 - 251 T2 - 260 SL - 224
ALLSEC: getting ready for a blast ? Above 400 levels, I expect a fast move up to new ATH by the time of results!
Last Price@431.50 - 10:35 Hrs 17th Oct2017 We are close to finish the 1st leg of Tata Motors from 375 Bottoms to 438 Highs with bullish harmonic update mentioned below & likely to have head & shoulder formation @438 highs - head. Once TM holds on upside in 434-436 range & starts falling below 430 that will activate the down movement for TM which is break of...
VEDANTA completed the head n shoulders and broke out of the neckline, just to the high levels that it hasnt crossed since 6 years. Today's wick broke the level but closed below it. Can reverse or breakout from there.
INDIGO has took a good support at 618 FIB of the leg up. ALso moving towards making a Head & SHOudlers. Currentlly testing the LEFT SHOULDER LEVEL. Either it will reverse and complete the right shoudler or breakout and retest next FIB level.
STAR -taking support around 850 and INV HnS above 900 ,close above 900 can be confirmation of trend change
Infratel has fromed inverted H&S in daily chart One can go long above 401 after it successfully breaks above the H&S pattern T1 - 411 T2 - 421 SL - 392
Inverted h & S Pattern. Crossed Above 50 EMA. Triangle Break Out. RSI Showing Buy Momentum. Other Details Mentioned in Chart. Will review near targets. I am not SEBI Registered Financial Advisor.
Inverse H&S pattern found in Hindpetro 2.25% Buy Above - 450 Stoploss - 439 Target 1 - 462 Target 2 - 472 Target 3 - 483 Target 4 - 490
ESCORTS has been moving in a Gann Fan pretty decently. CUrrently testing the blue sup/resistance level It also broke out of the inverted head and shoulders(neckline not shown) All of that for an upmove to retest the lifetime highs.
NSE:LICHSGFIN , CMP 622, has made Head & Shoulder pattern and may lead to a big fall now. However we may see some retracement, to 640-680, before the action. Short setup Sell LIC below 614 with SL of 690 (short SL 636). Target 550 / 520 Instead of keeping the short SL it will be better to hedge the trade and buy 630 CE @ <14 (buy only when the actual trade...
Above 253, Tgt. 261/265/269, Support @ 243. Below 237, Tgt. 225/221/217. Details Explained in Chart. I am not a SEBI Registered Financial Advisor.
Can we now go complete the right shoulder and trigger the H&S ??
MARUTI has been respecting the neckline for a while. Just completed the inverted Head & Shoulders. Awaiting breakout / reversal from the neck.