JSWSTEEL has a supply zone of 745-780. Price is respecting the levels for 20 months. It has also formed an inverse head and shoulder pattern. It’s break out would lead to all time high levels.
Stock has made an inverted head and shoulders pattern on daily charts. Plus there is a golden crossover on daily charts. Bullish sign. (Lets see if it holds the pattern and indications) Above neckline of 126 Targets can be 132-139-146 SL - daily closing below 107 Alwasy trail your profits. *This is just a view. trade on your own risl
SCHNEIDER:- The stock has also given a breakout by forming a head and shoulders pattern and has come for retesting, keep an eye on it 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...
Ascending triangle on weekly + inverse Head and shoulders on daily. Best buy would be around 2600 levels. Neckline at 2735. Above neckline targets 2770-2820-2855 SL - closing below 2520
At 219 Good retracement after inv H&S. SL 200 T1 243 T2 272
TATACOMM:- The stock has formed a head and shoulder pattern on the daily chart, 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 ideas to get to know about...
I posted the Head and Shoulder pattern in HSW Steel 60min time frame and see how beautifully the pattern gave its target. Enjoy the learning guys...
not financial advice but i'm bullish on BTC coz inverse head and shoulder pattern
NSE:ULTRACEMCO Ultra tech can be a leader in the Nifty Infra rally So eyes are on it.
COFORGE:- Head and shoulder pattern is formed wait for breakout "Also take trade with strict stop loss as all companies results are coming now volatility is very high" 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....
NSE:INDUSINDBK is a short candidate on 1 hour timeframe. Couple of pointers to note - Strong bearish candlestick has been formed on this timeframe. It can give movement up to the breakdown target of 1140. Intermittent targets are reflecting on the chart One can short this stock by placing a stop loss above 1218 Looks like a good R:R trade Let's see how...
Confidence Petro is in the process of forming inverted head and shoulder plus there is volatility compression at the right shoulder. If sustains above 85 then it will head towards new all time high.
Fedral bank is ready for inverse h&s breakout with huge volume target can be 154 for educational purpose only
Chart has formed a diagonal head and shoulder pattern. It has been moving up since June forming a base in curve structure. Recently started to trade above 200 daily moving average.
#Edelweiss (Edelweiss Financial Services Ltd.) Weekly Chart: Inverse Head and Shoulders #Breakout . Since October 18, 2021, Edelweiss has underperformed the #Nifty but outperformed its sector peers. Soon it's going to outperform Nifty also. What Is the Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is...
Ultratech Cement ( NSE:ULTRACEMCO ): Inverted H&S in weekly chart Trade Plan: Cash : BUY at CMP. Add more at 6900 Place SL at 6615. Revise the SL at 7350 when share touches 7650. Further, if share breaks out 7800, tighten the SL to 7600. Book long at 8000. Option : 1. Naked Call Buy : Ultratech 7300 Jan-25 call option at 100, with SL:65, T: 150. Lot:...
Nifty has given a H&S breakdown and is looking weak. 18200 is a strong zone. 17100 is my target and a potential reversal zone.
Head and shoulders pattern observed in asian paints if breakdown is confirmed with volume then target is 2830