MARUTI : Reverse head and shoulder pattern formed in Maruti.
Stock has closed just below the neckline. It it break's out it can provide the mmove of upto 56%
This head and sholder pattren has taken 66 months for it's formation.
Auto Sector isdoing very good and beating Nifty50 in returns.
Thus this stock can be part of your swing trading watch list.
M&M After inverted head and shoulder breakout did resting and closed in green in Daily Time frame.
Tagret 1 = 1359.10
Tagret 2 = 1387.55
Tagret 3 = 1433.70
Stop Loss = 1292
AB CAPITAL breaks inverted head and shoulder in daily time frame. Checkout the marked levels for coming targets in ABCAPITAL
Should break the resistance at 176 and then above 176 our immediate target is 185.90
In the Weekly Chart of KPRMILL ,
we can see that; after the failure of Inverted H & S Pattern, it is in decision making place.
let's see which side it takes the momentum.
Possible momentums are shown in chart.
I had last traded around 350 levels and now looks all set for 4 digits after a #breakout from a 8 year old trendline and 1.5 year consolidation
JLR is the key to the scrip and positive numbers from them will galvanise the view.
Gold is about to form head and shoulder pattern so all buyers will came
Firstly they trap sellers who enter at breakdown after breakdown it rally and make head and shoulder otherwise they trap her nor they trap head and shoulder buyers
For an upside potential target of Rs1000, this can be a good pick. Let's look at the important factors:
Pros:
1. Big green size weekly candle with a rejection at the bottom.
2. Expansion of the price volatility from the narrow range moving averages area.
3. Volume: Spurge in volume. Breakout week's volume is greater than 2x of average volumes
4. Strong...
CENTUM:- Stock has given breakout by forming head and shoulders, we should wait for retesting till then keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
In the Weekly Chart of RBLBANK ,
we can see that; it has given W pattern breakout.
Also it is near Trendline to breakout.
Let it retest W Pattern then enter with SL.
Inverse Head & Shoulder Pattern (Killroy Pattern) are reversal patterns & unfolds in expectation of bullish moves next.
Right Shoulder is 43850
Consult your financial advisor before taking any positions. Happy Weekend.
Polycab made inverted head & shoulder pattern on an hourly chart with good volumes.
Could be bought here or on breaking above neckline 3450.
With mentioned stoploss & target.
Keep it on your watchlist.
Force Motors Ltd. (#FORCEMOT)
Rs 147 crore Q4 profit versus YoY, QoQ losses
Deeply Undervalued,
EPS jumped - 443%
Sales Jumped - 69%
Rerateing Stock
I compared FORCEMOT vs. the Nifty and its peers from 25/11/2022 and discovered that it has just started outperforming both the Nifty and its peers in the sector.
ONLY FOR #educational...
ESCORT: Reverse head and shoulder pattern on the daily chart.
The stock has already given a strong breakout with very good volume above the neckline
Stock can provide potential returns of up to 15%.
Thanks and Regards !
