BankniftyBanknifty
Time frame = 15 Min
Pattern = Head and Shoulder
Type = bearish
Manor support = 44500----44250
250 Point Major Support And Reversal Level
Head and Shoulders
Hourly H&S formation. Will it breakdown?Banknifty is forming a hourly H&S but has not yet broken down
#Nifty is bullish though
PARADEEP ShortHS pattern and Possible Support breaks to cover previous unfilled gaps:
PARADEEP
Short(Sell) below 57.7
SL above 60
Targets: 55.25, 54.5, 53.2--
***Educational Purpose only***
ports ... adani ports the counter which was hammered by heidenburg reports!!
i expect it to touch a 15% upmove area
multiple reasons beyond technicals
one is to maintain market cap of the group
being one of the nifty stocks in adani folio
other stock may show underperformance but such counter with real value are someone who should perform !
i like a quote that could be useful here !!
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it." Henry Ford.
Nifty50 Analysis! Trend Reversal is on the way!NIFTY50 Daily Analysis!
Head and Shoulder Pattern Formation in NIFTY 50!
Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting!
NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069.
Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP
Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN
Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN
Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis.
I hope you will lean something about Technical Analysis from this chart.
Thank you all for your Support!
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
BHARATFORGE breakout in 1Day timeframeBHARATFORGE breakout in 1Day TF with Head and Shoulder pattern and with W pattern
Good for Long
Target 874, 890 and 900
SL 830
GBPUSD with Inverse Head & Shoulder pattern. GBPUSD has has been forming a bullish inverse H&S pattern. Price has retested the neckline. A bullish pennant pattern has been spotted above the neckline on lower tf. Price is yet to break the pennant and make a move to the upside.
BankNifty Bull runInverted Head and Shoulders pattern,
Ready for Breakout.
Short Term Targets:
T1: 44200
T2: 44460
Axis bank, 40% return, short term,investmententry: 870
target: 960
stoploss: 842
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more probability for bullish..
reload chart for clear view
an hour ago
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use desktop site.
rest chart size for clear view
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first use " + " in the chart, for zoom..
next rest chart for better view
Shiba inu to the moonShiba Inu is showing signs of reversal, also an inverse head and shoulder pattern. Currently it seems to be consolidating for a big spike. And a big green candle can be expected anytime this week.
Crudeoil M future ( Next week Contract )Crude oil M future ( Next week Contract )
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entry: 5765
target: 5800 / 5850 / 5885 / 5970
stoploss: 5700
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enter only if market breaks 5760
don't be aggressive.
JYOTHYLAB : Swing Trade / Shortterm( 1-3 months)#JYOTHYLAB #chartpattern #breakouttrading #inverseheadandShoulder
>> Clear Inverse Head & Shoulder Pattern Visible
>> High Probability of Breakout on upside
>> Good Strength
>> Levels Mentioned on charts
SWing Traders should focus on 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.
PERSISTENT SYSTEMS - POSSIBLE BREAKOUT FROM INVERTED H&SPersistent Systems counter has closed a significant raising resistance line.
I think,
a.) we should wait for few days for the Breakout to sustain for confirmation
b.) Wait for possible retesting of the Resistance line.
The counter is look good for the following reasons:
- Break out from resistance level that is being tested during last 18 months, during which time company has given better earnings making it more valuable (EPS from 23.08 -> 32.91 while Stock at approx. same level)
- High and raising RoE, RoA, RoCE.
Looks like potential long term opportunity
Enter above: 5250
Stop Loss : Closing below 4925
Initial Target : Around 6080
NOTE: I am not a professional Trader/ Investment Expert/ Advisor. please exercise your judgement after independent analysis
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.
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. 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 👀
