Head and Shoulders
Inverted Head and Shoulder in PGIL On daily TimeFrameInverted Head and Shoulder in PGIL On Daily Timeframe. Around 20% Upside Movement Expected.
Stop loss between 565-567.
Holding period 1-2 month.
US OIL Trend Reversal (Bearish)
Head and Shoulders on Hourly Chart..
USOIL Short Opportunity.
50SMA Support at 69.94
Next Short Term Target 68.01/66.80
MANAPPURAM - Weekly AnalysisIn the Weekly Chart of MANAPPURAM ,
we can see that; After the Breakout of Inverted H&S, IT FAILED.
It has now given breakout of same level & retested it.
Enter at 123 with SL as 117 and Target as 155 .
More Than 1:5 Risk can be achieved by booking profits at 155.
shortterm investment; min 40% return; inverted head and shoulderwait for conformation and retracement and go futher
entry after : 1880
refer our old idea attached below
midcap stocks are going to boom.
long term investment; min 40% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
.
.
.
. more than that " deepak nitrite " is fundamentally good.
PRECAM - Weekly AnalysisIn the Weekly Chart of PRECAM ,
we can see that; it has given breakout and retested.
upward momentum is expected from here.
BANKNIFTY -1H | NEXT EXPIRY VIEW?Hello Traders, Welcome to Oneshot Traders!
BankNifty given good movement as we expected and made good profit in today's expiry trades.
Now, What Next?
As BankNifty still holds the support level 43400, I Have 2 Interpretations in my mind for next movement in banknifty.
1. The pattern looks like a HEAD AND SHOULDER PATTERN. To complete this pattern it should break the 43400 level to complete this Pattern.
2. Forming a FALLING WEDGE PATTERN. Here also the same, the price should move down to the support 43400 level and reverse with a bullish candle in higher timeframe.
My Both setups are shown in the chart.
Now you may understand that this analysis is not just for next immediate move. So, please be stay tuned here and click on follow button . Receive further updates directly to your mail when we update here.
Thank you,
Happy Trading...
THETA 4H analysis 👀 HEAD & SHOULDER pattern
If close above 0.6687 on 4h time frame ,
It will be good to look for long.
And SL slightly below right shoulder.❌
Tp as mentioned or even higher if big money step in.
Keep watching 👀
Inverted Head and shoulder in EIHOTEL In Weekly timeframe. Inverted Head and shoulder in EIHOTEL In Weekly timeframe.
Expecting around 40% upside movement with Risk Reward 1:7. Stirct Stop loss at 198.30
Note: 227 is the hurdle.
Target1 : 250
Target2 : 291
tagret3 : 321
Holding Time is round 1 year.
BANKNIFTY 1H | WHAT NEXT? |OneshotTraders𝗛𝗲𝗹𝗹𝗼 𝗧𝗿𝗮𝗱𝗲𝗿𝘀, 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗢𝗻𝗲𝘀𝗵𝗼𝘁 𝗧𝗿𝗮𝗱𝗲𝗿𝘀!
BankNifty given good Upside movement as we expected and made good profit in today's trades.
𝗡𝗼𝘄, 𝗪𝗵𝗮𝘁 𝗡𝗲𝘅𝘁?
As BankNifty exactly closed near the Fibonacci retracement zone (43926-43976),
Here are the both side Important Levels:
RESISTANCE: 44100 | Reversal Zone: 43926-44100
SUPPORT: 43815, 43700, 43425
I'm still stick to my previous 3 Interpretations which I posted yesterday. Check my previous posts.
𝟭. The pattern looks like its going to form a 𝗛𝗘𝗔𝗗 𝗔𝗡𝗗 𝗦𝗛𝗢𝗨𝗟𝗗𝗘𝗥 𝗣𝗔𝗧𝗧𝗘𝗥𝗡. To complete this pattern it should move up to the 44000 level and then have to reverse.
𝟮. Forming a 𝗙𝗔𝗟𝗟𝗜𝗡𝗚 𝗪𝗘𝗗𝗚𝗘 𝗣𝗔𝗧𝗧𝗘𝗥𝗡. Here also the same, the price should move up from the support 43400 level.
𝟯. Putting all these pattern aside, the red zone which I drawn on chart is 𝗙𝗶𝗯𝗼𝗻𝗮𝗰𝗰𝗶 𝗥𝗲𝘁𝗿𝗮𝗰𝗲𝗺𝗲𝗻𝘁 𝗟𝗲𝘃𝗲𝗹. If market moves up and forms a 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗖𝗮𝗻𝗱𝗹𝗲 at this zone, I'll update the targets in below comments after confirmation.
Now you may understand that this analysis is still active. So, please be stay tuned here and click on follow button .
𝗧𝗵𝗮𝗻𝗸 𝘆𝗼𝘂,
𝗛𝗮𝗽𝗽𝘆 𝗧𝗿𝗮𝗱𝗶𝗻𝗴...
⚠⚠⚠DISCLAIMER⚠⚠⚠
Please note that trading and investing in the stock market involves risk and may not be suitable for everyone. The information provided in this video is based on my personal experience and educational purpose. You are responsible for your own investment decisions and that I shall not be liable for any direct, indirect, incidental, or consequential damages arising from your reliance on the information provided.
FORTIS - Weekly AnalysisIn the Weekly Chart of FORTIS ,
we can see that; finally it has given breakout from 300 levels.
let it retest and then enter with SL.
IRCTC -1D | Bullish or Bearish?Hello Traders, Welcome to Oneshot Traders!
IRCTC Breaks 6 months of consolidation in daily time frame. But it's not enough to go for buy positions in IRCTC because it still under a bearish trendline which shown in chart.
If the price breaks that trendline then we will look for buying in IRCTC.
This analysis is not at finished. So please follow this space for coming updates.
Thank you,
Happy Trading...
Head and Shoulders In IRCTCIRCTC has taken a reversal after taking support and formed a inverse Head and Shoulders pattern.
Target and SL mentioned.
Analysis is only for educational purpose.
OFSS - Weekly AnalysisIn the Weekly Chart of OFSS ,
we can see that; it has given breakout from Inverted Head & Shoulder.
Let it retest.
Expected momentum is shown in chart.
MAWANASUG - Weekly AnalysisIn the Weekly Chart of MAWANASUG ,
we can see that; it has shown a strong recovery with a retest.
Expected Price Action is shown in Chart
Intraday head and shoulder pattern trading This is a small video on how to calculate the target in the head and shoulder pattern which will allow us to place an alert using the tradingview tools. The tradingview tools make calculating the exact target based on the patterns a lot more easier. I hope this video helps the beginners, please note this is only for beginners and if you are already familiar with the patterns well then you may skip this.
GUJARATPOLY Analysis(H&S Pattern)! BSE:GUJARATPOLY Analysis!
Inverted Head and Shoulders Pattern Formation in GUJARATPOLY on Daily Timeframe!
Inverted Head and Shoulders Pattern Breakout in GUJARATPOLY!
Trend Reversal in GUJARATPOLY!
GUJARATPOLY has made INVERTED HEAD AND SHOULDERS PATTERN on a daily timeframe. We can see the price was moving in Falling Parallel Channel . Price has given breakout to the channel on 11 May but it hasn't sustained so we can considered it as a Fakeout . Again prive has given breakout to the channel on 29 May and it has sustained. Also given breakout to the Neackline but we have experienced a selling pressure around it's necklevel.
Entry = Aggressive investors can buy at current levels, Conservative investors can wait for small retest.
Stop Loss = Below 37.40
Targets = 1) 49.70 2) 56.99 3) 65.01
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
how to trade apcotex industries?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 pattern is observed after a significant downtrend, characterized by three consecutive price declines. The middle decline forms the lowest point, known as the "head," while the other two declines form the "shoulders" at approximately the same level, but higher than the head. The pattern's volume is highest during the initial two price declines, decreasing through the right shoulder. Ultimately, the pattern confirms a reversal to a new uptrend when the price breaks above the neckline, drawn between the two highs, accompanied by a surge in volume. This breakout marks the end of a period of accumulation at the bottom and signals a shift in the trend direction.
expected targets has been marked in chart.
Request everyone to share, like, comment this chart for educational purpose.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
H&S pattern going on strong in Tata CommThe H&S pattern formed last year in Q3 and since then it never broke below the Right Shoulder despite the string selling that occurred towards the end of 2022. See how beautifully it has worked out. Nearing targets sooner than later.
Head & Shoulder pattern Target Achieved in Nifty 50 IndexI had posted about a Head & Shoulder pattern breakout on Nifty 50 Index. I followed it up with a couple of posts showing how the pattern is working out. Today, I am happy to post that the target of this breakout is achieved.
PS: News flow only matters for Intraday players. For positional bets, patience is the key. Learn a pattern, follow it and start preaching it. Only then the results will start to appear.
India Mart Trendline BreakoutTrend line Breaking at 1H,
one can go long above 5707/-
Reason to Buy,
SMI index buy signal at 3H
Price will cross 200DMA at 1H at above level.
Stock is moving in a Range from last 8 Days
Daily time Frame Supertrend is positive and 3H supertrend will turn positive at above level.
IF DOWJONES MANEGES TO BREAK ABOVE?Dowjones made inverted head n shoulder pattern on weekly scale, although its not confirmes yet, If Dow manages to break above 334250 then it ll get into one sided bull run.
Lets wait patiently or sell on very rise with stoploss above 34250.
Exit all short positions once it gets past 34250.
