Inverse Head and Shoulders #Breakout (trend reversal) at #SAPPHIRE (Sapphire Foods India Ltd) daily chart. 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...
This is just for educational purposes. Do your due diligence before trading. Give a boost if you like the idea. Thanks :)
Kotak has broken inverse head and shoulder pattern and it can go further upside. Please note this is just my observation and consult with your financial advisor before taking any trade.
#UFLEX IH&S patterns looks very good considering the below point, A. It has prior uptrend before we see LS, H and RS are forming B. Left shoulder has much depth than right one. C. good number of green bar with apricated volume. I can be go long above the neck line (blue line)
NSE:HAVELLS #HAVELLS inverted head and shoulders pattern with levels. stock also trading near to TL, and high chances to BO.
As we can see NIFTY finally broke out of an inverted head and shoulders pattern and started to move as analysed but now we can expected nifty to remain sideways to bullish without showing one sided move ! levels to watch is 17000 being important support and a psychological level and resistance can be seen around 17450-17500 so one can trade between these levels
We can initiate a long swing trade in hpcl if it gives closing above the levels of 245 forming an inverted head and shoulder pattern. It's a high dividend paying stock as well so one can think of adding some quantity in the portfolio. A trend reversa NSE:HINDPETRO l could happen.
14 Years #Multiyear #Breakout in #ELECON (Elecon Engineering Company Ltd). Its #Outperformed #Nifty. 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 top used to predict reversals in downtrends. This...
As we can see BANKNIFTY showed one sided rally for over 400 points after opening up strong and looks like its time for nifty to move! in bigger time frame we can see more like an inverted head and shoulders pattern and the neckline being the resistance which previously acted as a strong support and hence a better entry would be if Nifty breaks the pattern above...
As expected, Inverse HnS worked very well and gave almost 10% return in a single session. Now the latest Resistance and Support are as follows: R1 : 780 R2 : 825 R3 : 880 AND Support : 715 For your knowledge, Let me tell you that Resistance can also be treated as Target (Supply Zone), And Support could also be treated as SL. *NOT A SEBI REGISTERED. *ONLY FOR...
Inverse Head and Shoulders #pattern #Breakout (trend reversal) at #NUVOCO (Nuvoco Vistas Corporation Ltd) daily chart. What Is the Inverse Head and Shoulders? An #inverse #headandshoulders , 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...
SGX Nifty Performing a Head & Shoulder Pattern if it will break 16550 for down side then surely it will touch 16450. Wait for closing below 16550.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
HDFC Bank ready to Give Breakout HDFC bank Forming Head and Shoulders Pattern Expecting 100 to 150 points in coming months from Present levels (i.e 1400)
Completing head and shoulders formation on 1 D charts with price action and good volumes . Sns can reach upto 1st target 94 Stop loss bottom ( gead)
Hop Success ful break out Head N Sholder Pattern. Head and shoulders formed in 1 Day timeframe. There is more possibility for bullish . For conservative entry wait untill break out 1400 level and then go for entry. Target is T1 1580, T2 1683, T3 1780,
NIFTY IT seems to give range breakout and infy is forming an inverted head and shoulder. Lets see where it goes
Resistance zone is clearly marked, above 420, if break happens with a strong bar with high volume, expect a good upmove