Complex Inverse Head and Shoulders #Breakout at #JKLAKSHMI (JK Lakshmi Cement Ltd) Weekly Chart. Its #Outperformed #Nifty. BSE: 500380 / NSE : JKLAKSHMI What Is the Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders...
Dotted green line: A pennant broken in downside Blue line: Head and Shoulder Pattern Purple line: M pattern (double top which is coinciding with down trendline).
As we can see NIFTY has formed more like an falling wedge patteen and also an inverted head and shoulders pattern which indicates a strong bullish sentiment, the only criteria that needs to be met is that NIFTY must open flat to slight bullish and should cross todays closing level which is around 18625 and closing above the given level we might see new highs in...
This chart has given the head and shoulder breakout in weekly time frame and ready for the target 216. SL should be below the breakout candle. Disclaimer: All information is for educational purpose only.
CARERATING:- The stock has given a breakout by forming a head and shoulder pattern 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 all the...
SANGHIIND:- Head and shoulders pattern has formed in the stock, keep on Radar. 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 all the...
Donear Ind 07 Dec 2022 In Play – HH:HL Summary - BO of previous TL - Huge Volume - VP acted as nice spring action to the upside - Cup & Handle (4 year base) - Head & Shoulder (1 Year base) Conclusion Long Position can be initiated on PB for targets Short Term – 90/110/138 Long Term – 240/325 Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE...
Study : 1. Head and shoulder pattern breakout with good volume 2. Ascending triangle pattern breakout Target and SL are show on the chart
Hello Everyone, Today i am here again with a new stock named JM Financial at here you can see that there is a double bottom forming and then one more confirmation inverse head and shoulders and giving breakout of it and giving us a clear buy. Thank you, comment down so i can know on which stock you want to know about also if you get anything special pls follow us...
Tatamotors looks like making head and shoulder pattern in 5&15 time frame can try to buy cmp With Target of 436 sl 426-425
Can keep this stock in radar as it gave breakout and sustaining above. Can give a good up move if broader market supports.
TRADE IDEA: CMP : 282 **GOOD BULLISH FLAG PATTERN** ** I AM NOT SEBI registered advisor please consult financial advisor for your investment. **This is only for educational purpose you can also share your thoughts on the comments ** In this chart, I can see good long run from 92 to 315 **After a very good bull run market try to make a parallel channel** **we can...
Study: 1. Head and shoulder pattern breakout in Daily chart. 2. Resistant zone breakout level being tested in daily chart. 3. Trend line breakout with good volume in daily chart. 4. Bullish engulfing pattern formed in hourly chart. Targets and SL's are shown on chart
Bharat Dynamics Ltd Cmp 962 dated 5-12-2022 1. H&S Pattern on chart BO above 975. 2. Triangle BO above 975. Buy above 975 for target 1000-1025-1060 SL 940 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any...
NSE:TATASTEEL has the following features: Head and Shoulder Pattern breakout High volume High momentum Trade: Buy above 116, SL: 112, T: 118/122/124 Sell below 112, SL: 116, T: 110/109/107
As we can see NIFTY has formed more like an inverted head and shoulders pattern which is more like a REVERSAL pattern and we can see NIFTY getting rejected at 18600 levels which is a strong demand zone hence we can expect NIFTY to breakout of this structure and also the following trendline for a good 100++ points upmove so keep watching everyone
IGL is looking good for a break out trade as it has been forming an inverted head and shoulder pattern and consolidating near the break out levels. On the daily time frame, the stock has given a lower wick rejection after testing 20 DMA. The stock on the weekly time frame has given a bullish moving averages cross over and good targets can be booked in the stock...
As we can see more like an inverteed head and shoulders pattern in NIFTY which is more of a REVERSAL pattern and that too it has been formed around DEMAND ZONE which was around 18600 and also it closed near the trendline RESISTANCE which increases the chances of NIFTY for breaking out of this more like inverted head and shoulders pattern for a upmove of 100++...