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Head and Shoulders

NIFTY 50 - SPOT CHARTForming Reversal Chart pattern on Daily time frame - A reversal pattern in technical analysis is a chart pattern that indicates a potential change in the prevailing trend of a financial asset. These patterns suggest that an ongoing uptrend or downtrend is losing momentum and may be about to reverse direction. Traders and investors use reversal patterns to anticipate trend changes and make trading decisions. Expecting Chart Pattern - Head and Shoulder The head and shoulders pattern consists of three peaks – a higher peak (head) in the middle and two lower peaks (shoulders) on either side. A reversal occurs when the price breaks below the "neckline" support.
NSE:NIFTYShort
by CA_Anand_Navander
2
This PSUBank stock is looking strongFundamental analysis:- Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term. The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios. Technical analysis:- The stock has given a breakout from Inverted head and shoulder pattern. A closing above 32.45 can provide more than 10% returns. Entire PSU bank sector is currently bullish. Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
BSE:MAHABANKLong
by chartistamey
2
DCB Bank : Inverse Head & Shoulder Pattern#dcbbank #swingtrade #momentumtradeing #swingtrading #patterntrading DCB Bank : Breakout soon >> Inverse H&S pattern visible >> Good Volume & Strength in stock >> Good Relative Strength Swing Traders can lock 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:DCBBANK
by moneyfesttrading
retested breakout in paras defenseA bullish Inverted Head & Shoulder Chart Pattern Breakout on the Weekly Time frame of NSE:PARAS Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Inverted Head & Shoulder Pattern Technical Indicator :- Positive MACD Crossover Disclaimer: This is for educational purpose only.
NSE:PARAS
by raigvivek
ICICIBANK Long Opportunity (Inverted HnS formation)ICICIBANK is forming an Inverted Head and Shoulder pattern on hourly timeframe. The stock has bounced off it's lower longterm trendline and now has formed a range. We can expect the price to test the ATH Levels after breakout. Above this level, the stock will also cross above 50 MA on Daily timeframe so that gives more confidence. Stop Loss: SL for this trade has to be 936 Entery: Entries can be made once the price crosses and closes above 962 at least on a 30 min TF. You can also wait for retest of the resistance for better risk reward. Target: Targets can be 1000+ & New ATH
NSE:ICICIBANKLong
by ST_SNOOPY
Delhivery Ltd., ; min 15% ROI ; good opportunityFundamentally good stock, For long term investment. Reset chart for clear view.🔃 . . Entry: 422 target: 473 - 490 sl: 405 - 400 major stoploss/ support: 389 . Enter only after breaking " Yellow box" mentioned. Or else wait for some time. ' ;good for long term investment. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . refer old ideas attached below
NSE:DELHIVERYLong
by TheNuraTrading