Get started

Head and Shoulders

Camlinfine offers good Risk To Reward. Add to WL⚠️ HIGH-RISK, HIGH-REWARD OPPORTUNITY Stock: CAMLINFINE Time Frame: 🕒 Daily 🎯 Entry Strategy 📌 Entry Trigger: ₹133.6 (Wait for a weekly close above this level) 📈 Targets T1: ₹144.4 T2: ₹168.8 T3: ₹186.2 ATH Potential: ₹231.39 🔻 Stop-Loss (SL): ₹111.7 (16% risk) 🔍 Technical Highlights 📐 Trendline Breakout followed by a healthy consolidation. Formation of a ☕ Cup & Handle pattern—indicative of bullish momentum. 🔄 Inverse Head & Shoulders, signaling a potential trend reversal. ⚠️ Risks to Consider Weak fundamentals, with poor ROE and ROCE. Volume needs significant improvement for sustained momentum. 💡 Why This Could Work If this marks the start of a trend reversal, the potential reward is substantial. However, this is a high-risk bet, so position sizing and risk management are absolutely critical.
NSE:CAMLINFINELong
by sagartharayil
Nifty Smallcap- Inverted Head and Shoulder Pattern🚀 Breakout Watch Alert: Nifty SmallCap 100 Index (CNXSMALLCAP) 📌 Price: ₹17,147 📅 Date: 14-05-2025 ① Pattern Name, Timeframe, Structure & Explanation Pattern: Inverted Head & Shoulders Timeframe: Daily Chart Duration: \~4 Months (From Jan to May 2025) The Nifty SmallCap 100 Index has formed a well-defined Inverted Head and Shoulders pattern, a bullish reversal structure commonly seen at the end of a downtrend. This pattern spans across four months with: * Left Shoulder: Formed in early March after a sharp drop from 17,200 * Head: Deep retest toward the 16,000 zone in mid-April * Right Shoulder: Shallow retest of the same 16,000 support in early May, confirming accumulation The neckline of this pattern lies in the 17,050–17,200 resistance zone, which has already been tested twice before and now again in mid-May, creating a powerful breakout scenario. ② Volume Formation (During Pattern, Breakout, and Retest) While exact volume data isn't available on this index chart, we can infer participation from the candlestick structure: * During the pattern: The volume was likely lower during the head formation and began picking up as price formed the right shoulder. * Last 4 Days: Strong bullish marubozu candles suggest heavy demand stepping in — indicative of institutional activity and rotation into smallcaps. * Retest Volume: If a minor pullback occurs toward the neckline post-breakout, watch for lower volume to confirm a constructive retest. ③ Breakout Candlestick, Follow-Through & Trap Behavior * Breakout Zone: ₹17,205–17,250 * The past four sessions include strong bullish marubozu candles — full-bodied with little to no upper wicks, implying decisive momentum. * The clean structure avoids false moves — a tight V-shape bottom at the head followed by a right shoulder that mirrors the left. There's no bear trap, but a clear build-up without volatility spikes — ideal for positional traders. ④ Trade Explanation (Entry, Target, Stop-loss, Risk\:Reward) * Entry Zone: ₹17,250+ (Breakout confirmation above neckline) * Stop-loss: ₹16,500 (below right shoulder support & recent swing lows) * Target Zone: ₹18,000 (1st target), ₹19,500 (extended target) 📏 *Measured Move Logic:* Neckline = ₹17,200 Head = ₹16,000 Breakout Move ≈ ₹1,200 Projected target = ₹17,200 + ₹1,200 = ₹18,400 (Aligns with our zone) Risk\:Reward: Risk = ₹750 Reward = ₹1,250 to ₹2,000 R\:R = \~1:1.7 to 1:2.5
NSE:CNXSMALLCAPLong
by Mr_Chartist_
GRSE LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (i),(ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time. Wave (v), also known as the impulse wave, unfolded into five waves, which are illustrated in red. Wave levels are depicted on the chart. An inverted Head and Shoulder Pattern is formed on the chart and the target is shown on the chart. (The Inverted Head and Shoulder Pattern is a bullish reversal pattern). Level of Invalidation The invalidation level of 974.80 has been identified as the endpoint of wave (i). If the price falls below this level, it means that the projected Elliott Wave pattern is not as it appears. I'm not a registered Sebi analyst. My research is done solely for academic purposes. Please consult your financial advisor before trading or investing. I bear no responsibility for your profits or losses. Regards, Dr Vineet
NSE:GRSELong
by drvineet
REC : Bullish due to break out from inverted Head & Shoulder INVERTED HEAD & SHOULDER - stock is now bullish after breaking out an inverted head & shoulder pattern with strong confirmation of a green candlestick BULLISH MACD - MACD indicator of this stock is very bullish now with macd line having crossed over signal line properly over a period of time WHITE CLOUD COVER - apartfrom it a white cloud cover candlestick formed in the right shoulder indicating bullish movement PROFIT TARGET - 463 level STOP LOSS - 412 level
NSE:RECLTDLong
by peace_lover
3
Trend Reversal setup in BSOFT(Inverted H&S Pattern)!Birlasoft (NSE:BSOFT) – Bullish Reversal on Inverted Head & Shoulders 📌 Technical Pattern: A classic Inverted Head and Shoulders pattern is forming, suggesting a potential reversal from the recent downtrend. ✅ Key Highlights: RSI Divergence at the head hints at waning bearish momentum and potential reversal. Price is testing the neckline zone; a breakout could confirm the bullish setup. 50-period EMA (~₹452) remains overhead, acting as a dynamic resistance. 📈 Target: ~₹516, calculated from the pattern height. 🔻 Stop Loss: Near ₹376, just below the right shoulder structure. 🧠 Strategy Note: A sustained close above the neckline, preferably on volume, can offer a strong risk-reward trade setup. RSI currently at 58 supports bullish momentum continuation. Disclaimer: Consider my analysis for educational purposes only. Before entering any trade: 1️⃣ Educate Yourself – Understand market dynamics and technical patterns. 2️⃣ Do Your Own Research & Analysis – Never rely solely on external opinions. 3️⃣ Define Your Risk-Reward Ratio – Ensure your trade aligns with your risk appetite. 4️⃣ Never Trade with Full Capital – Always manage risk and preserve capital. Trade wisely! ✅📊
NSE:BSOFTLong
by Avinash9087
Trend Reversal setup in HCLTECH(Inverted H&S Pattern)!HCL Technologies (NSE:HCLTECH) – Bullish Reversal Setup 📌 Pattern Identified: A clear Inverted Head and Shoulders formation is visible on the daily chart, indicating a potential bullish reversal. ✅ Key Observations: Price has broken above the neckline and also crossed the 50-period EMA, showing strength. Notable volume buildup at the right shoulder, supporting the bullish move. RSI is above 60, suggesting improving momentum. 📈 Projected Target: ~₹2,074 based on the pattern's height. 🔻 Stop Loss: Placed slightly below the right shoulder near ₹1,537. ⚠️ Watch Levels: ₹1,696: Minor resistance. ₹1,780: Key resistance level before the target zone. 📝 Conclusion: A breakout above the neckline with volume confirms the bullish pattern. As long as the price sustains above the stop loss, the risk-reward appears favorable. Disclaimer: Consider my analysis for educational purposes only. Before entering any trade: 1️⃣ Educate Yourself – Understand market dynamics and technical patterns. 2️⃣ Do Your Own Research & Analysis – Never rely solely on external opinions. 3️⃣ Define Your Risk-Reward Ratio – Ensure your trade aligns with your risk appetite. 4️⃣ Never Trade with Full Capital – Always manage risk and preserve capital. Trade wisely! ✅📊
NSE:HCLTECHLong
by Avinash9087
8
YESBANK - Daily -Breakout with volumes -Inverted HnSThis is a daily chart for YES BANK LTD (YESBANK) as of May 9th, 2025. Here's a technical analysis of the chart: Falling Wedge Pattern: The stock was in a clear downtrend, forming a falling wedge pattern from approximately February 2024 to early 2025. A falling wedge is often a bullish reversal pattern when it occurs after a downtrend. The price broke out from the upper trendline of this falling wedge around January/February 2025. Inverted Head and Shoulders Pattern: Following the breakout from the falling wedge, an inverted head and shoulders pattern appears to have formed. This is also a bullish reversal pattern. Left Shoulder: Formed around February 2025. Head: The lowest point, formed around late February/early March 2025. Right Shoulder: Formed around April/early May 2025. Neckline: The neckline of this pattern is approximately at the 19.41. The price is currently testing and attempting to break out above this neckline. Volume: There's a noticeable increase in volume on the recent candles as the price challenges the neckline of the inverted head and shoulders pattern. This is a positive sign and can add conviction to a potential breakout. Support and Resistance: Immediate Resistance: The neckline area of 19.41 - 20.02 is the critical immediate resistance. A decisive close above this level is needed to confirm the breakout. Next Resistance/Target: The chart indicates a potential target of 22.73 based on the height of the inverted head and shoulders pattern (approximately 3.33 points) projected upwards from the neckline. Support: The lows of the right shoulder (around 17.50-18.00) would act as initial support. The low of the head (around 16.02) is a more significant support level. The upper trendline of the previous falling wedge could also offer support if retested. Interpretation: The chart for Yes Bank shows multiple bullish reversal signals. The breakout from the long-term falling wedge was the first sign of a potential trend change. The formation of the inverted head and shoulders pattern further strengthens the bullish case. The stock is currently at a crucial juncture, attempting to break out above the neckline of the inverted head and shoulders. The increased volume is supportive of this attempt. A sustained close above ~20.02 would confirm the breakout and suggest a potential move towards the target of 22.73. Failure to break out or a rejection from the neckline could lead to a retest of lower support levels. Disclaimer: This technical analysis is for educational purposes only and should not be considered financial advice. Always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions
NSE:YESBANKLong
by DailyCharts03
Head and Right Shoulder–Weekly Strategy for Nifty 08 May Expiry!Hello everyone, This week’s expiry strategy is not just any setup – it’s a premium structure crafted to take advantage of market exhaustion near resistance. We’re calling it the Head and Right Shoulder Strategy, and the payoff shape says it all! Why This Strategy? (Based on Chart Analysis) Resistance Zone: 24400–24785 (supply-heavy region, multiple rejection wicks visible) Support Zone: 23800 (major bounce levels, strong candle reactions) RSI Divergence Confirmation: Bearish divergence spotted on higher time frame, hinting exhaustion Strategy: Head & Right Shoulder – 08 May 2025 Weekly Expiry Sell 2x 08MAY2025 24500CE @ 138 Sell 2x 08MAY2025 23850PE @ 115.65 Buy 1x 08MAY2025 24250PE @ 220.25 Buy 1x 08MAY2025 24250CE @ 269 Payoff Graph for Nifty weekly strategy Strategy Highlights: (Head and right shoulder pattern on payoff chart – limited loss, defined range!) Why This Works (Key Logic + Technical View): Bearish RSI Divergence: Visible on 2-hour chart Minor resistance at 24400 acting as rejection zone Resistance-heavy zone above 24750 – price unlikely to sustain above this weekly Support near 23800 – strong bounce area Volatility dropping – makes premium writing favorable Risk Management: Don’t hold if either side breaks with strong volume Exit if Nifty sustains above 24800+ or below 23650 Always keep SL alert or reversal signs on breakout Rahul’s Tip “Options trading is not only about payoff views, it’s about understanding structure. This setup looks like a Head and Right Shoulder on the payoff – and we’re trading it like one.” Conclusion: This Head and Right Shoulder structure fits perfectly for the current week. With clean resistance levels and visible exhaustion patterns, the payoff structure gives both direction and edge. What do you think about this setup? Have you ever deployed Head & Shoulder shaped option strategies? Let me know in comments below! If you found this post valuable, don't forget to LIKE and FOLLOW ! I regularly share real-world trading setups, actionable strategies, and learning-focused content — all from real trading experience, not theory. Stay connected if you're serious about growing as a trader! Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
NSE:NIFTY
by TraderRahulPal
3
SBI form Inverse H&S.SBI form Inverse H&S pattern. Today gives break out of neckline 780. SBI is at demand zone add more if come down to 780. Close below 760 would be the violation of this pattern. As per chart it may test 785-807 soon. As per OI data on dated 17.04.2025 there is considerable OI shading on CE side and OI build up on PE side. Stock is in good momentum as upper Bolinger Band tested and expanded. As per indicator all are bullish only Moving average need to improve. There are good chance for retest the neckline.
NSE:SBINLong
by tradetechnicalanalyst
1
FORCEMOT - Inverted Head and Shoulder - BreakoutThe chart technical analysis of Force Motors Ltd (NSE)**, showing a **cup and handle breakout pattern**—a bullish continuation formation. Here's a breakdown of the key insights: --- # Pattern: Inverted Head and Shoulders (Bullish Reversal) Left Shoulder: Formed around July–August 2023. Head: Formed in December 2023, with a deeper low. Right Shoulder: Formed in April 2025, with a higher low. Neckline: Drawn across the resistance zone around ₹9,475.55 — now broken. 💥 Breakout Confirmation Price has broken above the neckline at ₹9,475.55, closing at ₹10,062.50 with a strong 12.88% gain and high volume, confirming the bullish breakout. 📊 Measured Move Target Height (Head to Neckline) ≈ ₹3,319.15 Breakout Target = ₹9,475.55 + ₹3,319.15 = ₹12,821.75 → This matches the projection shown on the chart (~35% upside from breakout) 🔍 Volume Analysis Breakout is accompanied by a large volume spike (~810K vs avg), which is critical for validating an inverted head & shoulders breakout. 📏 Key Technical Levels Breakout Point / Neckline: ₹9,475.55 (Now Support) Resistance: ₹10,277.85 (intraday high on breakout day) Target: ₹12,821.75 Stop-loss: Below ₹9,475 (e.g., ₹9,200–9,300 zone), depending on risk tolerance 🧭 Strategic Takeaway This breakout from an inverted H&S pattern suggests a bullish trend reversal after a prolonged downtrend, and the volume confirmation adds strength to the setup.
NSE:FORCEMOTLong
by DailyCharts03
(NSE: ICICILOMBARD) – Inverse H&S Signals Bullish Breakout! 📊 Chart Setup: ⏰ Time Frame: Daily 📈 Chart Pattern: Inverse Head & Shoulders (Bullish Reversal) 🎯 Key Resistance: 1908 – Price consolidating below this level! 🔥 Trigger: Wait for a high-volume breakout & close above 1908 to confirm bullish momentum. 🎯 Trading Plan: Entry: Long on confirmation candle closing above 1908 with surge in volume 📊. Stop Loss (SL): Low of the breakout candle (Trail SL upwards as price advances). Targets: ➡️ 2000 (First psychological target 🎯) ➡️ 2100-2150 (Next resistance zones 🚩) ⚠️ Risk Management: Critical Support: 1830 – Strategy fails if price reverses from resistance and closes below 1830 ❌. Trailing SL: Lock profits by moving SL to recent swing lows as price climbs 📉➡️📈. 🔍 Key Levels: Breakout Level: 1908 (Make-or-break for bulls) Pattern Neckline: Aligns with 1908 resistance (Confirms strength on breakout) 📉 Failure Scenario: Exit trades if price rejects 1908 and closes below 1830 (indicates bearish reversal). #ICICILOMBARD #NSE #InverseHnS #BreakoutTrade #StockMarket Trade wisely – Risk management is KEY! 💼🔥
NSE:ICICIGILong
by Alert_Trader
Inverse Head and Shoulders Pattern - IOCIndian Oil Corporation Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India. Current Price ₹ 143 Stock P/E 16.7 Industry PE 20.2 Stock now trade November 2024 onwards stock pattern formed. May month pattern completed shortly. Once pattern completed Next Final Target 180+ IOC pattern Inverse head and shoulder pattern complete may month end, shortly breakout will happen. Now stock trade 143 shortly will come down right shoulder 130 below and next upside move 145 . Once close 145 above start uptrend. Final Target 180+
NSE:IOCShort
by sara54654
HEAD & SHOULDERS IN GOLD - WATCH THAT NECKLINESymbol - XAUUSD CMP - 3288 Gold, after a sharp decline, is now trading and consolidating at important levels. The recent movement follows a strong sell-off as geopolitical and tariff-related issues between the US and China began to ease. This decline pushed gold back from its all-time high of 3500, with the metal currently hovering near key support. The market remains cautious, with attention shifting toward potential shifts in FED policy and broader macroeconomic cues. A Head & Shoulders pattern is in formation, with gold currently testing its neckline around the critical support zone of 3300–3287. A breakdown and retest of this level may trigger further downside momentum, potentially opening the path toward 3220 and 3075 on a positional basis. Key Resistance Levels: 3300, 3317 Key Support Levels: 3288, 3215, 3122, 3075 From a technical perspective, gold remains within a corrective structure, maintaining a bearish outlook. Attention is now on the Head & Shoulders neckline - if it breaks to the downside and retests, short positions can be initiated.
OANDA:XAUUSDShort
by akshit_official
17
Head N Shoulder Breakout in Alkem Labs. Ready for the upmoveAlkem Labs broke the neckline of Inverted Head and Shoulder on the daily chart, retested the neckline and it is looking good for a decent run. The HNS target comes to Rs.5616, which is a good 11.29% from the CMP of Rs. 5146. The Inverted Head and Shoulders pattern is a bullish reversal chart pattern in technical analysis, signaling a potential shift from a downtrend to an uptrend. Moreover, the stock is above trading above 11 & 22 DEMA which signifies good uptrend and momentum. MACD is above zero line and RSI is at 58 indicating strength and momentum. One can keep an eye on this stock for decent 11% return in short term. It will report its Q4'25 earnings on 29th May,2025. The expected revenue is 31.68B. Keep investing!!!
NSE:ALKEMLong
by BullishBrew
Garden Reach Shipbuilders (GRSE) Bullish Inv HnS BO with volumeThanks for sharing the chart of **Garden Reach Shipbuilders (GRSE)**. Strong **bullish setup** supported by two technical patterns: 1. **Falling Wedge Pattern (Breakout)** – A classic bullish reversal pattern, and it has broken out with strong volume. 2. **Inverted Head and Shoulders** – Another bullish reversal formation that also broke out around ₹1,730–₹1,750 zone, confirmed with high volume. ### Key Highlights: - **Breakout Confirmation**: Price closed at ₹1,957.80, up **+11.90%**, with strong volume (17.64M). - **Targets**: Based on pattern projections, potential target zones are: - ₹2,354.10 (Inverted H&S breakout) - ₹2,833.80 (Falling wedge pattern breakout) - **Support Zone**: ₹1,730 acts as a strong support now (previous resistance). This confluence of two bullish patterns with a volume spike significantly increases the probability of continued upward momentum.
NSE:GRSELong
by DailyCharts03
POWER GRID - INVERSE HEAD & SHOULDERS BREAKOUTSymbol - POWERGRID Power Grid Corporation of India Ltd. is a Maha-ratna Public Sector Enterprise and a key player in the Indian power transmission sector. It operates as a central transmission utility and is involved in the planning, implementation, and maintenance of transmission systems across the country. Recently, the stock has exhibited a notable bullish breakout after forming an Inverse Head and Shoulders pattern. A classic reversal formation signaling a shift from a downtrend to an uptrend. Following the breakout, the stock may witness a retest of the neckline zone, which now acts as a support area - around 300 to 303 range. This zone offers a favorable risk-reward entry for positional investors anticipating further upside. The projected target from this breakout lies near the 350-355 zone, offering a potential 17-20% upside from current levels, based on the height of the pattern added to the breakout point. For prudent risk management, a stop loss below 280 is advisable, just below the right shoulder, to protect against unexpected downside. Overall, the breakout of a well-formed Inverse Head and Shoulders on a higher time frame charts presents a bullish outlook for Power Grid, making it a strong candidate for medium-term investment consideration. Disclaimer: The information provided here should not be construed as a buy or sell recommendation. It reflects my personal analysis and my trading position. Please consider this trading idea for educational purposes only. Thank you!
NSE:POWERGRIDLong
by akshit_official
11
HEROMOTOCO-Positional Short Trade Stock upside taking support from trendline. Friday's session 25'th April The stock has shown weakness potential trend reversal. There are two possibilities: 1)Head and Shoulder Pattern 2)Descending Tringle Pattern For both the possibilities it the neckline/Support zone 3800 needs to break. If that happens it may test 3680. If opens gap up Above 3960 Avoid! Please don't forget click on follow button so you won't miss any upcoming ideas. Any confusion, feel free to drop msg. Happy to help :) This is only for educational purpose, please manage your risk accordingly.
NSE:HEROMOTOCOShort
by Rushikesh_09
(NSE:SUNPHARMA) Inverted H&S Breakout Eyes New ATH Chart Analysis: Sun Pharma has formed a textbook Inverted Head & Shoulders (H&S) pattern on the daily timeframe, signaling a strong bullish reversal. The pattern completed with a clean breakout above the neckline at ₹1,820 , accompanied by a surge in trading volume (highest in 2 weeks). This validates buyer conviction and sets the stage for a sustained upward move. Key Levels: Neckline: ₹1,820 Resistance Targets: Target 1: ₹1,910 Target 2: ₹1,960 (All-Time High, ATH) Support Zone:1,750 Trade Setup: Entry Zone: ₹1,820–1,835 (post-breakout retest opportunity) Stop Loss: ₹1,750 (below the right shoulder to avoid false breaks) Why This Works? ✅ Pure Price Action Focus: The analysis relies solely on pattern structure, volume, and key levels—no indicators cluttering the chart. ✅ Volume Confirmation: Breakout supported by above average volume, reinforcing bullish momentum. ✅ Pattern Perfection: Classic Inverted H&S structure with well-defined neckline and symmetry. ✅ Breakout Conviction: Price closed decisively above ₹1,820, indicating strong follow-through. For Indicator Users: Traders who incorporate tools like RSI or Moving Averages can cross-verify this setup with their preferred strategies. For instance, the breakout aligns with bullish momentum on higher timeframes. Risk Management: Trail stops to lock profits as price approaches ₹1,910. Partial profit booking at ₹1,910 (T1) recommended. Conclusion: Sun Pharma’s breakout above ₹1,820 opens the door for a rally toward its ATH. Pure price action traders can leverage the clean setup, while others may combine it with their preferred indicators. Focus on the neckline (₹1,820–1,835) for potential entries, and maintain strict risk management. *This analysis is for educational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy/sell securities. Trading involves substantial risk of loss, and past performance is not indicative of future results.
NSE:SUNPHARMA
by Alert_Trader