Havel's India Weekly Analysis This is how Havel's India Weekly Chart looks. We can see Symmetric triangle pattern is forming. Wait for the proper breakout or breakdown. If you see properly we can even see kind of head and shoulder pattern also. Target, support and resistance is given in the chart. This is just a view, is not a recommendation to trade. Comment...
As, chart says banknifty have given breakout above 200DEMA where, it has faced resistance 3 times earlier. RSI above 60 indicating strength in breakout and confirms it's reliability. Also, breakout from inverted head & shoulder pattern is visible. Minimum target of this pattern comes to 36150 but it can move above this also. I'll try to publish an elaborate idea...
Aster DM is standing at the door of breakout passing which, could witness a massive move. Inverse head & shoulder pattern which was under construction from 9 months is ready for a breakout. Indications which are suggesting breakout is volume buzzing and RSI breaching above 60. After, breakout levels up to 236 is possible but till then, keep a keen watch on it.
BPCL is forming a beautiful Inverted head and shoulders pattern at its low and with its earnings coming up on 12th august, it makes a strong long contender. It takes support on the 50EMA and a break above the neckline on above average volume initiates the trade with long targets of T1 at 371.20 and T2 at 394.45 Risk To Reward od 1:2 Stop loss below the 50EMA High...
Discription: Stock Name: BPCL Chart Pattern: Head and shoulder pattern Time Frame: 1D Entry: Breakout Entry Above 330+ Targets: Target 370+
Inverse Head and Shoulders #Breakout (trend reversal) at #RATEGAIN (Rategain Travel Technologies 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...
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.