No Confirmation for Short Trades Last Price@9900@16th Aug2017 11th Aug2017, Dalal Street was bleeding & I was getting ready for a ferrari drive. It is extremely tough to control a ferrari or a prancing horse unless you are skilled enough to control & absorb the pressure of the game. Trading in markets is almost like driving ferrari - if you know or visualise...
=> Support becomes resistance => H&S Neck line broken Bearish...
HDFC completed the Head and Shoulders Pattern in a channel.
Candle pattern: Bullish Indicators & Oscillators: OverSOLD. Go LONG: @ LTP +0.5% to @ -0.5% Target / SL/ & others on chart. for any clarification / discussion please comment. Intraday/ Swing levels Updated later. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge.
Explained in Charts Happy Trading - Cheers Disclaimer : This is purely my view and observation, Not a RECOMMENDATION
1st Innings Head & shoulder breakout + confirmed by double top@73.50 gave the push upside & turned from 77 highs which was shy of 1-2 points from 79-80 -closing last trading day at 71.50 levels. Price has pulled back to the neckline which can give another opportunity to bulls & this time if it surpasses 79-80 zone then it attempts 88-90 zone next. Once it...
Granules is in the process of completing an inverted head and shoulders pattern. Can only be bought once the pattern is completed around the levels of 149. Once trading comfortably above 149 with high volume, the Stop could be placed at 145 and an initial target of 157 would be very likely . Will fly above 157 .
"enter for trading when breakout will be completed " .... note : - friends i want to share 1 very important thing with all of you please read it carefully.. as we all know for the last few days india-china border dispute remained still...... while china media said yesterday , if india does not remove their army from doklam than they may attack on india with in...
FEDERAL BANK may complete inverted H&S tomorrow. Price action sustaining above 114.85 will confirm upward move towards 117.2 with some resistance at 116. Enter above 114.85 with SL 114 and targets as 116 and 117.2. All on charts.
Hope Chart is clear. Follow the levels in chart
The Stock is in a corrective mode on longer term charts but this pattern may act as a pain killer if it works on daily time frame. Notes on the chart. Hit Like/Comment/Share if you think this information can be useful. Trade Safe Regards Bravetotrade
Post Q1 YoY results which have turned up positive for the bank with net profit up 32 per cent at Rs 30 crore in April-June As positive news have a strong correlation with future stock performance and traders/investors sentiment, It can show bullish trend and reach resistance 1 besides dark cloud candlestick formation The trend can go up due to less volume...
Tata Motors has made a classic head and shoulder pattern on daily charts, need breakout above 470 for confirmation. Upon confirmation one can enter for target of 480, 490 & 500. SL 460.
Head and Shoulders pattern formed on NSE:ESCORTS day chart. Short after the brake-down as shown in the chart, target 506, sl 685. (Note: Stock market investments are subject to market risks. Do Your own study before making any positions)
IF BREAKOUT HAPPENS ENTER WITH TARGET... IF PATTERN IS DISTURBED THEN COME OUTSIDE!