Head and Shoulders
GMX 👀BINANCE:GMXUSDT.P
Pull back on head and shoulders pattern breakout.
Long 5x -10x
Entries - 57.00 -55.43
Targets 61.90 63.40 67.30
Sl-52.00
1% of your capital only highly recommended. If not don't take the trade.
We closed above 59.15 ,good bullish sign ,we trying to catch up the pull back and ride the next rally⬆️.
inverse head and shoulders Breatout at FMGOETZEFederal-Mogul Goetze (India) Ltd. #FMGOETZE
a strong re-rating #stocks. Keep this on your watch list.
1. MNC quoting at just 21.1 P/E?
2. Sales growing.
3. EPS goingup
4. Parent MNC holding the Maximum
5. Debt FREE
#sharemarket #MultiBagger #relativestrength #Growth #StocksToBuy
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
Head and shoulder pattern on GODREJPROPHead and Shoulder pattern formed in 15m timeframe of GODREJPROP and near the trendline
Just go short when it breaks the neckline.
Enter at price around 1609
First target - 1586
Second target - 1558
This is just for educational purpose. Please do your own study before trading.
happy trading. Cheers :)
Banknifty ( next week contract )Banknifty ( Next week contract )
More probability is there for " 44500 "
.
For " long "
entry:44950
target: 45180 / 45500
stoploss: 44900
.
For " Short"
entry: 44740
target: 44550
stoploss: 44950
.
Enter only if market Breaks " S & R Zone "
"Yellow box" mentioned.
.
wait for proper reversal and conformation.
.
don't be aggressive.
.
refer old ideas attached below.
You would not want to miss this pattern in Persistent!Persistent systems has been in strong bull run from 2020 to end of 2021.
Since 2021, the stock is consolidating and has formed a beautiful inverted head and shoulder consolidation as a flag of flag pole pattern
The stock might start a new uptrend above 5000. However, buying at top in such volatile market is risky.
Kindly trade as per your own analysis.
Confluence of support in this medical lab stockDr Lalpathlab has corrected significantly post its all time high of around 4200.
As seen on the chart, the stock is standing on a crucial support trendline and also has recently bounced from its strong demand zone in weekly time frame.
RSI positive divergence can also been seen in the chart.
This stock can touch levels of around 2330, 2600 in medium term.
Kindly trade as per your own analysis since idea is shared only for educational purposes.
Weekly H&S pattern target about to be achieved in L&T The pattern which started weeks back is now about to give the fruit. Look at the chart of L&T. How beautifully the chart broke out of the Head and Shoulder pattern and now is about to give the target. Patience and sticking to 1 pattern is the key to technical analysis.
Nifty is forming bearish Head and shoulders patternNifty is forming head and shoulders pattern and also looking weak on charts. Currently market is on sell on rise mode.
IT companies results will start from this week. Result are expected to be not so good.
We can see levels of
If it broke Neckline 19330 it will go down to
Target 1: 19230
Target 2: 19140
JSW steel| 2 year resistance zone breakout with inverted H&S.JSW steel has been respecting a resistance zone around 780 levels from May 2021 and has finally given a break out.
Is stock going to carry the bullish movement or break out is fake out??
The stock has given a close above the levels on the weekly time frame and at the same time the gravestone doji is creating a confusion of stock gaining some positive momentum.
On the weekly charts, a clear inverted Head and shoulder pattern is there. It has been consolidating for last 3 weeks at the higher levels. A 'W' pattern is also there.
But the RSI indicator is losing strength as there is a bearish divergence in the stock.
The daily charts has respected the 20 ema and is consolidating in a box above the resistance zone. The stock is taking a halt at the higher levels.
The chances of a retest is high as the indicator predicts. It can be bought at the lower levels for a 20-25% ROI in 3-4 months.
Buying levels :- 773-780, 810
Target :- 970-1000
Time frame :- 3-4 months.
The stock has respected the zone many times and given a break out. It will retest the zone as there are multiple confluence i.e. fibonacci levels, fixed range volume profile, moving average.
Wait for the stock to retest and form a price action near the levels.