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Head and Shoulders

MAXHEALTH | Inverted Head and Shoulder | Breakout | ATH ## 🩺 **MAXHEALTH – Inverted Head and Shoulder Breakout Analysis** ### 📊 **Pattern**: ✅ **Inverted Head and Shoulder** formation confirmed * Base support near: ₹936 * Breakout zone: ₹1,200 * Current price: ₹1,232.80 * **Volume spike** on breakout = bullish confirmation --- ### 📐 **Breakout Target Calculation** * Depth of Cup: **₹255.20** * Target = ₹1,200 + ₹255.20 = **₹1,455.20** 📌 **Target Area marked** on chart near ₹1,455 --- ### 🔍 **Key Technical Insights** * **Resistance turned support**: ₹1,200 zone * Strong **volume breakout** above resistance * Handle was short & tight, indicating bullish strength * RSI likely above 60 (momentum favoring bulls – though not shown here) --- ### 🎯 **Levels to Watch** * **Support**: ₹1,200 (neckline), then ₹1,120 * **Resistance**: ₹1,300 minor, **₹1,455** is the measured move target --- ### 📈 **Bias**: **Bullish** * Price + Volume + Pattern = Valid **Breakout** * Position traders can aim for **₹1,455** with SL ₹1,200 ---
NSE:MAXHEALTHLong
by DailyCharts03
PAYTM KARO PAYTM CMP - 975. If it cross and closs above 1050, chances of 1350 to 1700++ 900 strong support - Making inverse head and shoulder pattern so upside chances are higher... One 97 Communications Ltd About Incorporated in 2000, One 97 Communications Ltd is India's leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services. Key Points India’s Leading Digital Ecosystem Platform The company owns and operates India’s leading mobile payments and financial services distribution brand Paytm. It has built the largest payment ecosystem with a registered merchant base of 4.2 Cr, and 112 lakh payment devices facilitating over 1,100 transactions as of Q2 FY25. Business Segments 1) Payment Services (59% in H1 FY25 vs 69% in FY22): The segment includes: a) Payment Processing: Consumers can use cards, net banking, UPI, and UPI Lite to make online payments on the Paytm app including in-store payments through QR codes and devices. b) Merchant Subscription: The company allows merchants to accept payments via QR codes, POS devices, payment gateway products, Soundbox devices, etc. Operational Metrics: Avg Monthly Transacting Users (Cr): 7.1 in Q2 FY25 vs 9.6 in FY24 vs 6.1 in FY22 Total Merchant Subscriptions (Lakhs): 112 in Q2 FY25 vs 107 in FY24 vs 29 in FY22 Gross Merchandise Value (Rs. Lakh Cr): 4.5 in Q2 FY25 vs 18.3 in FY24 vs 8.5 in FY22 2) Financial Services (21% in H1 FY25 vs 9% in FY22): The company offers mobile credit, insurance, and wealth management for consumers and merchants. It is also engaged in the loan distribution business, with capabilities across the entire loan lifecycle including origination, loan management, and collection. In Q2 FY25, the company disbursed loans totaling Rs. 5,280 Cr vs Rs. 52,390 Cr in FY24 and Rs. 7,623 Cr in FY22. 47% of the loans disbursed in FY24 were postpaid loans, suspended since May 2024, due to a decline in asset quality across the industry. 3) Marketing Services (20% in H1 FY25 vs 22): The company offers marketing services including ticketing, deals, gift vouchers, advertising, and loyalty services. It also distributes co-branded credit cards. The Gross Merchandise Value (GMV) for ticketing, deals & gift vouchers, etc., was Rs. 2,383 Cr in Q2 FY25. It has 13.8 Lakh activated credit cards as of Q2 FY25 vs 8.7 Lakh in Q2 FY24. New Launches In Nov 2024, the company launched UPI LITE Auto Top-up for recurring daily payments under Rs. 500. In H1 FY25, it added ticket booking services to Samsung Wallet, introduced Paytm Health Saathi for merchant partners, and unveiled India’s first NFC Card Soundbox. Partnerships In H1 FY25, the company partnered with FlixBus, to offer intercity bus travel tickets directly through the Paytm app and collaborated with Axis Bank to provide POS solutions and EDC devices (card machines) to the Bank & its merchant network. Reduction of Marketing Expenses In FY24, the company invested 9% of its total revenues on marketing and promotional expenses vs 17% in FY22. Divestments 1) In Aug 2024, the company sold its movie ticketing business and events business to Zomato Ltd, for Rs. 2,048 Cr. 2) In Dec 2024, the company’s WOS Paytm Singapore sold its Stock Acquisition Rights in Japanese Payments Firm PayPay for Rs. 2,364 Cr. Transfer of Business In Sept 2021, the company transferred its Online Payment Aggregation Business to its WOS, Paytm Payments Services Ltd (PPSL). PPSL is pursuing a Payment Aggregator license from the RBI. After initial rejection in 2022 due to FDI compliance issues, PPSL secured government approval for past investments in Aug 2024 and has resubmitted its application. As of Jan 2025, PPSL is awaiting the RBI's decision on its resubmitted PA license application. RBI Restrictions In Jan 2024, the RBI restricted all services of Paytm Payments Bank Ltd (PPBL), a 39% associate of the company, permitting only the withdrawal of the existing customer balances however in Oct 2024, NPCI approved the company to onboard new UPI users In Oct 2023, RBI also imposed a monetary penalty of Rs. 5.39 Cr on PPBL. This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong... Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
NSE:PAYTMLong
by Alleyshah
Inverse Head & Shoulders Breakout – SHAREIND Poised for a 22% RaAfter a sustained downtrend, SHAREIND (SESHIND) has formed a clear Inverse Head & Shoulders on the daily chart: Left Shoulder around ₹180 Head around ₹138 Right Shoulder around ₹180 Neckline near ₹190 With the neckline successfully cleared, the measured move (~42 points or 22%) projects targets of: 1️⃣ Target 1: ₹217 2️⃣ Target 2: ₹232 Risk Management: Entry: On daily close above ₹190 (neckline) Stop Loss: ₹169.50 (just below the neckline swing low) Risk–Reward: ≈1 : 2.2 (SL ~₹20 vs. upside ~₹42)
NSE:SHAREINDIALong
by manoharlikeit
ICICIGI | High probable INHS setup - Looks good for 20-40%ICICIGI | High probable INHS setup - Looks good for 20-40% CMP : 2006 (Dip : 1930) SL : 1800 The stock has confirmed a classic inverted Head & Shoulders pattern on the daily chart, signaling a strong trend reversal. ✅ Breakout above neckline with decent volume, adding conviction to the move. 🎯 Immediate Target: 2300 🎯 Second Target (as per Fibonacci extension): 2700 📉 Pattern: Inverted H&S 📈 Volume: Supporting the breakout 📊 Bias: Bullish This could be an excellent area of value for swing traders looking to ride the trend. A retest of the neckline could offer a second entry opportunity with a good risk-reward ratio.
NSE:ICICIGI
by srikartiram
CNXITThe CNX IT index is currently forming an inverse Head & Shoulders pattern, a bullish reversal formation. The index made a bottom at 30918 on 7th April 2024, which aligns with a prior support zone tested on 4th June 2024, followed by a strong upward move. This double test of support indicates a solid base formation. If the pattern plays out, a breakout above the neckline could open the way toward the supply zone of 41600–43430, where previous selling pressure was observed.
NSE:CNXITLong
by SunilDhawan
2
Anant Raj: Triple Bottom Reversal Pattern, Trendline BO.NSE:ANANTRAJ Made a Beautiful Chart Structure of a Triple Bottom reversal pattern, Sort of Inverse H&S confirmation and Trendline BO. Post Excellent Q4 Results, with Good Price and Volume action. Price Action: - It experienced a sharp decline in January 2025, falling from ₹950 to the ₹550 level. - Further correction took it to lows near ₹420 in March-May 2025 - Currently showing signs of recovery at ₹514.10, up ₹40.50 (+8.55%) in today's session. - Breaking above the descending trendline (white diagonal). - Multiple tests of the ₹420-430 support zone created a solid base Volume Analysis: - Today's volume at 7.79M shares vs. average of 2.93M (over 2.5x normal volume) - Previous support bounces (green arrows) also saw increased volume - Strong volume accompanying the breakout indicates conviction behind the move - Volume expansion during upward movements signals the accumulation phase Key Support and Resistance: - Strong support established at ₹420-430 zone (green horizontal line) - Intermediate resistance at ₹550 level (lower red horizontal line) - Major resistance at ₹630-640 zone (upper red horizontal line) - Multiple rejection points at these resistance levels (red arrows) - Historical resistance at ₹935-950 from December-January (top red line) Technical Patterns: 1. Triple Bottom- Formed at ₹420-430 level (March, April, May - green arrows) 2. Descending Trendline Breakout- Price breaking above the multi-month downtrend line 3. Somewhat Inverse Head & Shoulders- Potentially forming with: - Left shoulder (February-March) - Head (April) - Right shoulder (May) - Neckline around ₹520-530 4. Sort of Range Breakout- Escaping from the ₹420-500 trading range Trade Setup: - Pattern: Trendline breakout + potential inverse H&S completion - Confirmation: Strong price action above ₹500 with volume expansion - Context: Reversal setup after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹514.10) with partial position 2. Pullback Entry: On retest of breakout level ₹490-500 3. Confirmation Entry: On close above ₹550 (previous resistance level) Exit Strategy - Target 1: ₹550 (immediate resistance) - Target 2: ₹630-640 (major resistance zone) - Target 3: ₹750 (intermediate target based on pattern projection) - Ultimate Target: ₹935-950 (previous ATH high) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹480 (below recent swing low) - Conservative Stop: ₹450 (midpoint of recent range) - Pattern-Based Stop: ₹420 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 (with aggressive stop) - Consider the pyramiding approach: add to the position as each resistance level is cleared - Scale out: 30% at Target 1, 30% at Target 2, hold remainder with trailing stop The stock shows a compelling technical setup with its triple bottom pattern, trendline breakout, and high-volume surge. The inverse head and shoulders pattern, if completed with a move above ₹550, would further confirm the reversal thesis. Multiple tests of support with increasing volume on the recovery suggest institutional interest is building in the stock. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ANANTRAJLong
by Karanshah137
21
ITC Approaches Key Support Within Mild UptrendTopic Statement: ITC is trading in a range with a slight bullish tilt, presenting structured opportunities within a defined channel. Key Points: * The stock is moving within a slightly bullish up-trending channel, making it suitable for channel-based trading * A head and shoulders candlestick pattern is emerging, which may signal potential short-term weakness * The price is nearing the 180-day EMA, making levels near or below it attractive for long-term buying opportunities
NSE:ITC
by yogeshwar
RAMKY INFRA LTD - Bullish Pattern📊 RAMKY INFRA LTD (1D) – CMP ₹540.55 📅 Date: May 21, 2025 📈 Exchange: NSE 📌 Ticker: RAMKY 🧠 Technical Analysis Overview ✅ Bullish Inverse Head & Shoulders Pattern: Price has broken out of a clearly formed inverse head and shoulders pattern — a powerful trend reversal structure — indicating a strong bullish sentiment and possible long-term uptrend. ✅ Breakout Confirmation: A sharp breakout above the neckline near ₹512 has occurred with strong bullish momentum and increased volume. ✅ RSI Indicator – 📈 RSI is at 68.58, approaching overbought levels but not showing divergence yet, confirming continued bullish strength. The RSI trend also shows recent bullish crossovers. 📍 Key Price Levels 📌 Support 🟥 ₹512.20 – Neckline retest level (ideal re-entry zone) 📌 Resistance (Targets) 🔵 ₹555.95 – Immediate target 🔵 ₹585.00 – Mid-term resistance 🔵 ₹612.85 – Major resistance / final target from pattern projection 💬 Potential Strategy Breakout Entry already active above neckline Pullback Entry possible near ₹512–₹520 SL below ₹512 Target 1: ₹555 Target 2: ₹585 Target 3: ₹612+ 📌 Conclusion RAMKY INFRA is breaking out of a strong inverse head and shoulders pattern with bullish volume and RSI confirmation. Watch for a potential retest near ₹512 for a high-probability entry. Targets lie ahead at ₹555, ₹585, and ₹612. 🛑 Disclaimer: This analysis is for educational purposes only. Not investment advice. Always DYOR or consult your financial advisor.
NSE:RAMKYLong
by PriceAction_Pulse
DIVISLAB -Inverted Head and Shoulders -DailyThanks for the clarification! Yes — the chart **does** resemble an **Inverted Head and Shoulders** pattern (a bullish reversal pattern), especially visible in the price structure before the breakout above ₹6,278. --- ### 🟢 **Inverted Head and Shoulders – Analysis (Divi's Lab)** #### **Pattern Structure:** * **Left Shoulder:** Formed in March. * **Head:** Deepest low around early April. * **Right Shoulder:** Higher low formed in late April to early May. * **Neckline:** Breakout above the ₹6,278 level confirms the pattern. #### **Breakout Confirmation:** * Breakout is strong, supported by **increasing volume**. * Target derived from neckline to head height = approx. ₹1,333. * **Target after breakout:** ₹6,278 + ₹1,333 = **₹7,611** (already marked on the chart). ---
NSE:DIVISLABLong
by DailyCharts03
ANGELONE | Inverse Head & Shoulders Breakout | Target ₹3,339+Here's the **technical analysis** for ANGEL ONE LTD based on the chart you provided: --- ### 🔍 **Technical Analysis – ANGEL ONE LTD (NSE)** **Pattern Identified:** Inverse Head and Shoulders **Breakout Level (Neckline):** ₹2,541 **Target:** ₹3,339.95 **Current Price:** ₹3,079.50 **Gain from Breakout:** 31% --- ### ✅ **Bullish Indicators:** * **Inverse Head & Shoulders Pattern:** A classic bullish reversal pattern indicating potential trend reversal from downtrend to uptrend. * **Breakout with Strong Volume:** The breakout above the neckline (₹2,541) is accompanied by a significant surge in volume, adding strength to the move. * **Measured Target:** The height of the pattern (approx. ₹789) added to the neckline gives a potential upside target of ₹3,339.95. * **Momentum:** Strong bullish momentum post-breakout, with consecutive green candles and higher highs. --- ### ⚠️ **Key Levels to Watch:** * **Immediate Resistance:** ₹3,339.95 (target zone) * **Major Resistance:** ₹3,450.55 (previous swing high) * **Support Zone:** ₹2,541 (neckline retest), ₹2,040 (previous support level) --- ### 📌 **Conclusion:** ANGEL ONE has confirmed an inverse head and shoulders breakout with strong volume, suggesting a bullish trend continuation toward ₹3,339+. A retest of the neckline around ₹2,541 could offer a good risk-reward entry if the bullish momentum sustains. ---
NSE:ANGELONELong
by DailyCharts03
KITEX – Breakout from ATH KITEX – Breakout from ATH ⚠️ Risky but Noteworthy CMP: ₹311 Breakout Zone: ₹296 Structure: Inverse Head & Shoulders (Daily TF) Trend: Trading above key DMAs Volume: On the lower side — no strong confirmation yet Event Risk: Quarterly results approaching KITEX has shown an aggressive bounce and is now breaking out of an all-time high zone around ₹296. The structure resembles a head and shoulders variant on the daily timeframe. While technically constructive, volume hasn't confirmed yet, which increases the probability of failed breakout or whipsaw. Another red flag: This stock is known for locking in Upper/Lower Circuits, which can trap liquidity if momentum fades. Plus, with results around the corner, event risk adds another layer of uncertainty. ⚙️ Trade Plan (Not a Fresh Call, but Educational Insight) 🔹 Entry Idea: ₹296+ confirmed close with volume 🔹 CMP at ₹311 — not an ideal R:R for fresh entry without follow-through 🔹 SL (Closing Basis): ₹239.75 (recent base zone) 🔹 Watch for: Volume pickup Retest of breakout zone Price holding above ₹296 for 1–2 sessions 💡 Consider entering with a small test quantity only if you're comfortable with the risks and volatility. 📚 Educational Takeaway Not every breakout is clean. Watch how price behaves around ATH zones — these are high-pressure areas. Volume and follow-through matter more than the breakout candle itself. Stocks with LC/UC tendencies and near-term events demand a cautious approach. Your edge comes not from the pattern — but from your patience and trade management. ⚠️ Risk Management Matters Size your position wisely. No setup is worth oversized exposure — especially when volatility and newsflow collide. Trade only with a plan and discipline. 📌 Disclaimer I am not a SEBI-registered advisor. This is for educational purposes only. Do your own research and analysis before taking any position.
NSE:KITEXLong
by sagartharayil