Banknifty (only for min 100-300 points target)Banknifty . (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
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For " long "
entry: 44620 / 45120
target: 45030 - 45250 - 45760
stoploss: 44500 / 44980
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For " Short"
entry: 44410
target: 44250, 44030
stoploss: 44580
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency " 💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
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.
Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "100-300" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
Head and Shoulders
SOL/USDT: Inverse Head & Shoulders Sparks Bullish Buzz!💎 Hey Paradisers, let's shift our focus to SOL/USDT. On the 1-hour chart, it's shaping up an inverse head and shoulder pattern, hinting at a possible bullish turnaround.
💎 Should SOL/USDT successfully breach the neckline and overcome the 26.06 supply barrier, we could be in for an upward ride with potential resistance levels at 27.22, 28.47, and 29.09. But, if it struggles to break out and slips below the critical 23.91 level, this pattern might lose its validity.
💎Stay sharp and trade smart, ParadiseSquad!
AUDUSD ANALYSIS FOR TODAY Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
NIFTY BRARISH VIEW ON HOURLY TIME FRAMENIFTY 50 ON HOURLY TIME FRAME CREATING INVERTED H&S PATTERN.
Considering global views nifty could correct and could reach till target 1 & target 2.
target 3 is Base made by index...
Views are purely technical with considering Views of Chinese and American Economic Data
one year consolidation over and life time high Menon Pistons Ltd is in the business of manufacturing of auto components such as Pistons, Gudgeon Pins, Rings, Auto shafts for commercial vehicles, tractors, passenger cars and heavy duty stationery engines.
fundamental analysis
2023 Q1 beating all time high operating profit
PBT also beating all time high as follow net profit
technical chart
head and shoulder pattern breakout at 65 level
upside chance 175 level keep stop loss 55 huge risk reward ration
global market are bearish take own risk
fundamentally and chart pattern all are good healthy.
take own risk
we are not recommend for buy and sell
Century Textiles Cmp 832 H&S Pattern BO & Volome RiseCentury Textiles Cmp 832 dated 20-6-2023
1. Inverted H&S Pattern BO @ 833
2. Price Rise with Volume Rise
Buy above 833 target 855-885-910-950-1075
SL 780
It is just a view, please trade at your own risk.
Head and ShoulderDistinct and clear patterns are usually good for learning price action.
Current H&S formed in bank nifty ticks all checkboxes.
1. It is formed after reasonable up trend.
2. Pattern appears clean.
3. Target is reaching a logical level of 200dma
4. Most of positive news are gone by and interest rate reduction is still 2~3 quarters delayed.
This may not be total trend reversal but around 4% downside is possible. While such move may not be useful for swing traders, it can create good buying opportunity in your favorite banking stock.
UNIPARTS : Inverted H&S Breakout on weekly TFInverted H&S Breakout
Half Qty can be added at current level
rest half can be added on retracement with \
SL below closing of right shoulder for
Target of 704/800 levels
RR is: 1:1.6
DISC: Consult your financial advisor before making any investments. This is only for learning purposes.
DOGE/USDT's Explosive Chart Signals Major Bullish Move Ahead!💎 Hey Paradisers, let's dive into DOGE/USDT's 1-hour chart. An intriguing pattern emerges: an inverse head and shoulder formation. Notably, the right shoulder stands taller, and the price has surged past its previous peak, hinting at bullish vibes.
💎 If DOGE/USDT break the neckline at 0.07752, a bigger bullish shift might be underway, potentially turning resistance into support after breakout. What's on the horizon? Our focus is on upcoming demand zones at 0.07839, 0.07973, and 0.08239. But remember, if the price slips below the right shoulder's base at 0.07469, this pattern could lose its charm. Stay sharp and navigate wisely, ParadiseSquad!
INJ/USDT : Trend Reversal in the Making? Don't Miss This!💎 Paradisers, let's turn our attention to INJ/USDT. On the Daily chart, it's carving out a head and shoulder pattern, signaling a potential trend reversal. Notably, the right shoulder is smaller than its left shoulder, indicating a shift towards forming lower highs.
💎 If INJ/USDT slide below the demand mark of 7.490, it would pave the way for a series of lower lows. This movement could amplify confidence in a bearish direction, potentially steering the price towards demand zones at 6.829, 6.201, and 5.681. However, if the price ascends beyond the right shoulder's peak at 8.378, this pattern might lose its validity. Trade carefully and stay sharp, ParadiseSquad!
Union Bank - Bullish Signal with Inverted Head and Shoulders PatStock Name: Union Bank
View: Bullish
Analysis :
Union Bank's price action suggests a potential bullish scenario based on the following technical factors:
1 - Inverted Head and Shoulders Pattern: On the daily time frame, Union Bank is forming an inverted head and shoulders pattern, which is a classic reversal pattern. This pattern typically indicates a potential upward move after a downtrend or consolidation.
2 - Continuation Pattern: The inverted head and shoulders pattern is occurring within the context of a primary uptrend, indicating that this pattern might act as a continuation pattern, further supporting the bullish view.
3 - Weekly Consolidation: The stock is currently consolidating on the weekly time frame after a previous upward movement. This consolidation phase could be a sign of temporary price stability before another potential leg up.
4 - Market Context: CNXPSUBANK is undergoing a multi-year consolidation, which, when broken, could have a positive impact on Union Bank's performance, potentially fueling a significant rally.
Trade Plan:
Based on the analysis, here is a potential trade plan:
Entry : Consider entering a long position if Union Bank's price breaks above the horizontal resistance level ranging from 92.3 to 93.
Stop Loss (SL) : Place a stop loss order just below the recent swing low at 89. This offers a risk management strategy to limit potential losses.
SL Percentage : The stop loss represents a 3.5% decline from the entry point, providing a buffer against potential market volatility.
Position Sizing : For risk management, allocate a position size that corresponds to a 1% risk of your total capital. This could amount to approximately 28% of your total capital.
Max Position Size : However, it's advisable to cap the maximum position size at 25% of your total capital. This adjustment not only aligns with prudent risk management practices but also helps reduce the overall risk exposure.
Disclaimer :
Trading and investing in the stock market carry inherent risks. This analysis is for informational purposes only and should not be considered financial advice. Prior to making any trading or investment decisions, it is recommended to conduct thorough research and consult with a certified financial advisor.
Please note that the stock market's unpredictability and past performance not indicating future results emphasize its inherent uncertainty. Trading entails substantial risk, including potential capital loss. This analysis focuses exclusively on technical factors and does not account for fundamental or external market influences. Prior to making any trading decisions, conducting thorough research and seeking advice from qualified financial professionals is advised.
Remember, your decisions solely bear consequences, and you are fully accountable for your trading outcomes. Approach decisions with caution and thorough consideration.
This analysis and disclaimer are furnished solely for educational and informational purposes. It must not be construed as financial advice. Trading encompasses risks, and it is imperative to comprehensively comprehend these risks before making any trading determinations.
#StockAnalysis #TechnicalAnalysis #TradingIdeas #BullishSignal #InvertedHeadAndShoulders #MarketAnalysis #FinancialMarkets #TradingOpportunity #InvestmentStrategy #RiskManagement #TradingViewAnalysis
Indusind Bank Head and Shoulder Pattern - hourly timeframeYet another H&S structure is formed in the IndusInd Bank's chart of hourly time frame. In a bull market like the one underway, this pattern has a very high probability of achieving the target. I am going long, are you?
PS: This is NOT a trading call or advice. Please do your own research.
Weekly Inverted H&S Breakout: V-GuardA bullish Weekly Inverted Head and Shoulder Breakout has been confirmed in V-Guard Industries. One can look into it for investement purpose and can buy at 284 with 260 as Stop Loss for the first target of 321 and 2nd target of 356.
This is only for Education Purpose.
Banknifty Banknifty . ( Not for "Amature traders" )
Enter after " Breakout and Retracement ".
.
.
For " long "
entry: 44530 / 45120
target: 45030 - 45250 - 45760
stoploss: 44500 / 44980
.
.
For " Short"
entry: 44480
target: 44250, 44030
stoploss: 44580
.
Enter only if market Breaks
"Yellow box" mentioned.
.
Wait for proper reversal and conformation.
.
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.
Explosive Head and Shoulder Pattern Forming On SHIB/USDT💎Paradisers, turn your attention to SHIB/USDT. The 1-hour chart shows a head and shoulder pattern forming. After achieving higher highs, the price began to carve out lower lows, laying the foundation for this pattern. If it drops below the neckline and the important demand area at 0.00000931, it would validate the lower low trajectory. We might then see a move down to the next demand area near the 200 EMA at 0.00000907.
💎 If the price breaks above 0.00000975 the right shoulder, It could invalidate this pattern.
💎This 200 EMA could act as a gravitational pull, might attract the bears. Stay alert and plan your strategies carefully, ParadiseSquad!
FLOKI/USDT's Hourly Head and Shoulder Pattern Sparks Excitement!💎Hey Paradisers, let's focus on FLOKI/USDT. Looking at the 1-hour chart, we can see a head and shoulder pattern forming, with a notable emphasis around the 200 EMA. The right shoulder appears smaller than the left, suggesting the bears are in control.
💎There's a chance the price might drop below the demand zone and the pattern's neckline at 0.00002210, possibly leading to a bearish movement. What's on our radar? The price could potentially decline towards the demand zones, with the first target at 0.00002912 and a deeper target at 0.00002177. However, if the price surges above the right shoulder, it could disrupt this pattern. Stay tuned, Paradisers, for more updates and happy trading!