MMTC is poised for a breakout after crossing a 10 year head and shoulder patterm. High volume. High RSI
CAMS breaks H&S pattern huge volume builtup trading above all key ema educational idea only
JPPOWER is getting ready to break the 8 year inverted head and shoulder pattern above 10-11
A clear Inverted Head and Shoulder pattern is forming on the daily chart of YES BANK. Volume high, RSI>60 Waiting for successful breakout over 18.6
"Head and Shoulders Bottom" or "Inverse Head and Shoulders" pattern formation on daily chart of BANDHANBNK. This pattern is often used by traders to identify potential trend reversals in financial markets, particularly in stocks. The pattern indicates a shift from a downtrend to an uptrend. Here's a breakdown of the pattern: Downtrend and Accumulation: ...
Chalet hotels has given an inverted head and shoulders breakout. Currently, stock is consolidating above the neckline. A retest of 400-405 levels can give a good indication that the breakout is genuine and one can expect at least 100 points move which is the length of right shoulder. Long term targets can be 250+ points which is the length of the head. SL is deep...
EIHOTEL has beautifully formed an inverted head and shoulder pattern in weekly TF with neckline being an important supply zone of 200-210. The stock has given a weekly closing above this zone and is looking ready for a breakout. It can be added on dips upto 195 with a SL of weekly closing below 184. ATH level of 227 might prove as a minor resistance before a...
CDSL : Reverse head and shoulder pattern formed in CDSL. Stock has closed just abovethe neckline. Break out has happened with the good volume. Stock can give potential move of upto 30% in coming months. We can keep the stock in our watch list for Swing Trading.
In the Weekly Chart of DHANUKA , we can see that, it has given Inverted Head & Shoulder breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
Buy BPCL above between 558 to 365 SL 338 T1 - 387 (1:1) T2 - 409 (1:2) Index OIL n Gas Index will try to make higher high so Index will be bullish. BPCL forming bullish head and shoulder pattern on weekly time frame. BPCL formed W pattern breakout with volume Took support from bottom trend line
A Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:WESTLIFE Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on...
In the Weekly Chart of BASF , we can see that, it has given Inverted Head & Shoulder breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group. TATA Steel Limited is a diversified steel producer, engaged in the business of steel making, including raw material and finishing operations. TTM EPS: 1.33 TTM PE: 98.05 P/B: 1.55 Mkt Cap (Rs....
Tata Power has formed reversed Head & Shoulder Pattern. #Current Price - 234 #Expected Target - 275 #Resistance Based Targets - Target 1 - 233.5 - Target 2 - 240 - Target 3 - 247.5 #Support/Stoploss - 219 Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI...
what it is trying to do. firstly inverse head and shoulder. and now it's head and shoulder
BANK NIFTY: Inverted H&S Pattern 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(:)
SBILife has given ATH breakout with good volumes. It is a Inverted head and shoulder pattern breakout. Minimum target can be 1600. SL can be below 1225 DCB. Try to enter at retest in 1300-1325 zone. Please note that swing trade of ATH breakouts in an FNO stock is always risky. Idea shared for educational purposes only.
A Bullish Flag and Pole Chart Pattern Breakout happened on the weekly Time frame of NSE:ARTEMISMED Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on...