There is a "Reverse Head and Shoulders" technical analysis pattern formation in Sapphire Foods India Limited. There is a clear break-out above the neck-line or the resistance line, supported with huge volumes. Potential 45% upside expected in upcoming days. Disclaimer: This is for educational purposes only and not a recommendation to BUY. Please do your own study...
15 Years Sideways Parallel Channel #Breakout at #RUBYMILLS (Ruby Mills Ltd). Its #Outperformed #Nifty. BSE: 503169 / NSE : RUBYMILLS What Is the Inverse #headandshoulders ? 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 top used to...
5 Years #Multiyear #Breakout at #ARIHANTSUP (Arihant Superstructures Ltd). BSE: 506194 \ NSE : ARIHANTSUP What Is the Inverse #headandshoulders ? 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 top used to predict reversals in...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Although EURAUD is in a long-term bearish trend, a short-term bounce to the upper trendline of the falling channel is possible. Depending on when we make contact with the trendline, either retracing 0.5fib or 0.618 fib
After forming an inverse head and shoulder in the demand area, Tata Motors, which was in a bull flag , broke upward.
if hcl tech cross 1294 on the bearish side your TGT is 1288 2.1282 3.1277 4.1270 stop loss will be 1300 be careful and maintain your stop loss
Was wondering of the new target that we take for bank nifty after the explosion from the last 32400ish. I am not a professional in trading. Just checking if the new target may make a sense.
As seen on 1hr TF chart. Price breaking neckline of H&S as well as inverse C&H Short entry upto 332. SL above 337 Targets as per chart.
On the weekly timeframe, gold has formed a head and shoulders pattern with a perfect retest, and on the monthly timeframe, it has formed a double-top (yet to break it's neckline). Gold may test levels between 1560 and 1540. and the levels of 1358–1317 may also be seen if monthly double top plays out.
BINANCE:BNBUSD formed a nice H&S (head and shoulder) formation, broke down and now retesting the neckline. Notice the decreasing volume on rise from beginning of August which shows weakness. Neckline around 288 seem like a good place to short and we might see 225 or lower levels in days to come.
Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA. The coin has given a nice movement and is retracing before another up move. The coin is trading below the moving averages. Two confirmation patterns are being formed in the coin on the daily time frame 1. Head and shoulder pattern 2....
Concor appear inverted head and shoulder and break H&S neck line and take retest ,, it will be bullish in coming days Disclaimer:- This is not a piece of Trading advice, This idea is for educational Purpose and kindly buy as per your risk management.
Downward Trend Line #Breakout (trend reversal) in #UJJIVAN (Ujjivan Financial Services Ltd). BSE: 539874 \ NSE : UJJIVAN What Is the Inverse #headandshoulders ? 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 top used to predict...
Emami Ltd 502 dated 24-8-2022 1. Inverted Head & Shoulder Pattern 2. BO above 496 already done. 3. Price Rise with Volumes. Buy for a tgt of 525-535-550-585 SL 470 It is just a view. pls trade at your own risk.
A similar pattern can be seen in the Daily time frame as well. A basic estimate says that the target should be achieved by early November i.e. onset of Winter when the demand will begin to peak (common sense ;)). This looks likely until Russia opens up its heart (read supply).
Natural gas is given the Inverse Head and Shoulder pattern. Price broke out from the neck line and has retraced. This pattern will become more sustainable and powerful if we see another rally on the upside thereby confirming the greater chances of successful completion of the pattern. Fundamentally, natural gas prices are bound to go up given the shortage of it in...
NTPC making inverse head & shoulder and giving breakout trading above 50EMA can buy above 161 for positional trading target can be 180+,may retest sl should be 154 do your own research