Three daily closing above 525 will take this to 700+ , let's see what happens in coming days
Head and shoulder pattern in metropolis. If this is head and shoulder pattern then we can expect big 200 point move in this counter. 1375, 1397 and then 1460,1500,1600 in coming weeks. From a FiBo perspective as well the target is around 1520(0.5 levels).
Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023 The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards They say Buy Strength and Sell Weakness Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
Hi friends, as you can see today i have the technical chart of Info Edge (Naukri) . Friends as you can see here that it is making an Inverse Head and Shoulder chart pattern which means it can go up but Some exemptions are also showing possible bear as shown below Thanks. btw do follow and like it 👍
Hi friends, as you can see today i have the technical chart of SRF. Friends as you can see here that it is making an Inverse Head and Shoulder chart pattern which means it can go up but if you see closely then you will find more confirmations as shown below On Monthly Chart :- On Weekly Chart :- Although markets can't be predicted or pattern which formed...
Wonderla had given weekly breakout of IVHS pattern almost 1 week back and has consolidated from then. Today, it has given breakout from ATH and looks bullish for a swing as well as a positional trade.
Metropolis Cmp 1339 dated 8-5-2023 1. Head & Shoulder Pattern BO @ 1330 2. Volume Rise 3. RSI BO Buy above 1345 for target 1375-1400-1425-1450 1490 SL 1265 It is just a view, please trade at your own risk.
SELL - wait for price conformation Long tram bearish move in down side ENTRY - wait for market move down side then retracement. After retracement wait for price and other conformation.
Nazara Technologies Ltd. It appears that the price has completed a phase of "accumulation" at the bottom of a major downtrend, and the recent breakthrough of the resistance level suggests a potential reversal to a new uptrend. To identify this pattern, traders often look for a Head and Shoulders Bottom formation, which involves three consecutive price declines...
SBI futures found Head & Shoulders pattern, Target and SL mentioned. This chart is only for educational purpose, not recommending any trade.
TRITURBINE:- Head and shoulder pattern is formed, and breakout is also found, if we want to plan something then we have to wait for retest because breakout candle is very big, till then keep your eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the...
INTELLECT:- Head and shoulder pattern has formed, wait for breakout, till then keep your eye on the stock 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 ideas to get...
Perfect Head and shoulder break down can be there in the Sun Pharma stock. It is trading around the neck line. Sun Pharma is in the sell zone, as the market has retest the recent 50% fib levels. This stock never fails to respect the fibonacci levels. It has been consolidating and on the daily charts it has formed a gravestone doji. Stock is near it 200 DMA and...
Tech Mahindra (TECHM) looks bearish with formation of Head & Shoulder Pattern. Target 900.
Head & Shoulders pattern is formed in Glaxo Smithkline indicating bearish sentiments & correction >> Target 1235
Chambal Fertiliser is nearing its 200EMA and has Inverse Head & Shoulder Pattern formed giving Target of 335-340, provided the stock continues its uptrend.
It's been almost 2 weeks since I posted the Head & Shoulder pattern formation in Nifty Daily/ Hourly chart. Are you witnessing the power of following chart patterns? Friday was absolutely baffling, but if you had conviction in the chart pattern, you can easily make money without hullaballoo.
A rising wage pattern on the daily timeframe and also have a good resistance at around 105 and will face some support at around 74, also on a lower timeframe (1H) it's making a Head & Shoulder pattern which is a clear sign of downtrend. and also option data supporting that its going to go downwards next month so 3 strong points 👍