Head and Shoulders
Tata Motors Looking Good, low riskTata motors has taken support at daily trendline and broke out. It has retested the same breakout level with an inverse head and shoulders pattern after forming a descending triangle. It is a classic example of multiple bullish patterns along with each other. Apart form that it is consolidating at its 20 ema on hourly timeframe.
Timeframe is 15 minutes with multiple timeframe analysis. Looking bullish on both daily and hourly timeframe.
Entry only after the pattern breaks upwards with tight risk management.
CL Educate : Short term (1-3 Months)#cleducate #patternbreakout #patterntrading
#CLEDUCATE :
>> Beautiful Inverse H&S Pattern breakout
>> Breakout with Volumes
>> Good Strength in Stock
>> Low Risk, High Reward Trade (Upside of 43% Possible)
Swing Traders can lock their profits at 10% and keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Karur Vysya Bank : Inverse H&S Pattern Breakout#KARURVYSYA #patterntrading #breakout #momentumtrading #swingtrading
Karur Vysya Bank : Swing Trade
>> Inverse H&S pattern Breakout
>> W-pattern visible after Pattern Breakout
>> Good Strength & Volume in stock
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
BLACK BOX : Swing Trade#BBOX #swingtrade #patterntrading #chartpatterns
Black Box : Swing Trade
>> Inverse H&S Pattern Breakout (Strong one)
>> Good Volume Breakout
>> Good Strength in stock
Swing Traders can lock 10% profit & keep trailing
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.
Double Bottom & Head and Shoulders Bottom PatternRushil Decor Ltd.
Daily Chart showing Double Bottom & Head and Shoulders Bottom Pattern Formation
Double Bottom Pattern
The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend.
The Double Bottom pattern forms during a downtrend as the price reaches two distinct lows at roughly the same price level.
Head and Shoulders Bottom Pattern
The price seems to have reached the end of a period of "accumulation" at the bottom of a major downtrend; the break up through resistance signals a reversal to a new uptrend.
The Head and Shoulders Bottom is created by three successive declines in the price following a significant downtrend.
Note for everyone who came across this reference:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Beware!!! Big fall coming in nifty of more than 800 pointsAn inverted head and shoulder pattern is visible on daily chart of NSE:NIFTY expecting a fall of 800 or more points.
Trading levels are mentioned on the chart
One can create a fresh position in the scrip as per the levels mentioned on the charts.
Disclaimer: this is for education purpose only.
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.