NSE:MINDTECK - Daily Chart analysis.
It seems the stock will form bottom head and shoulder pattern.
The chart is self explanatory with Intermediate-Term Bullish.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before...
"Head and Shoulders Bottom" or "Inverse Head and Shoulders" pattern formation on daily chart of BANDHANBNK.
This pattern is often used by traders to identify potential trend reversals in financial markets, particularly in stocks. The pattern indicates a shift from a downtrend to an uptrend.
Here's a breakdown of the pattern:
Downtrend and Accumulation: ...
IRCTC Analysis on a daily Timeframe!
Descending Triangle Pattern Formation, Breakout and Retesting on a Weekly Timeframe!
Inverted Head and Shoulder Pattern Formation, Breakout and Retesting on a Daily Timeframe!
Bullish RSI Divergence in IRCTC!
Trend Reversal in IRCTC!
IRCTC has made Descending Triangle Pattern on...
JP power is forming head and shoulder with good divergence on monthly chart on long term we can see a trend change in this share from a long time share is forming lower high pattern now, we can see trend change in this particular script. We can see a high of 21 then see a higher low pattern and we can see this script in uptrend. Power is future .. Cheers..!
BUY - SHREE PUSHKAR CHEM
CMP: Rs. 212.65
Target Range: BETWEEN Rs. 256- Rs. 260
Time Frame - 6-9 months
Technicals - Head and Shoulders pattern
This is just a view by an analyst, please invest at your own risk.
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Technical analysis pattern known as the "Head and Shoulders Bottom," also referred to as an "Inverse Head and Shoulders" pattern has been formed on daily chart of JKPAPER.
This pattern is often considered a bullish reversal pattern, indicating a potential change in trend from a downtrend to an uptrend.
Here's a breakdown of the pattern:
we can see head and shoulder in this particular script, share is struggling to cross 130 area many touches there. after forming a flag and pole pattern we can see a break in this particular script target 150 as per harmonic thanks
Rushil Decor Ltd.
Daily Chart showing Double Bottom & Head and Shoulders Bottom Pattern Formation
Double Bottom Pattern
The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend.
The Double Bottom pattern forms during a downtrend as the price reaches two...
Nazara Technologies Ltd.
It appears that the price has completed a phase of "accumulation" at the bottom of a major downtrend, and the recent breakthrough of the resistance level suggests a potential reversal to a new uptrend.
To identify this pattern, traders often look for a Head and Shoulders Bottom formation, which involves three consecutive price declines...
Nifty inverted head and shoulder formation and breakout
global sentiments are establishing
adani stocks are recovering quarterly result also supporting fii also start buying
nifty expected to touch 18850 from here
Aluminium futures on MCX have broken out from head and shoulders bottom formation. The base metal futures have also completed retracement and continuation waves. The price action is bullish and seems to be heading toward measured move target of 250.
Further, if the trade on Aluminium futures is bullish, we believe National Aluminium (NSE: NATIONALUM) should...
NSE's PSUBANK index (ticker: CNXPSUBANK) was trading in a long head and shoulders consolidation for two years from mid 2019 to mid 2021. The breakout from inverted H&S happened in Oct'21 after which the index began to consolidate in a bull flag type of formation till Aug'22.
The index broke out from this consolidation in Aug, gave a retracement back to the...
AVT Natural has formed a bullish head and shoulder chart pattern and ready to break the neckline.
If neckline break and sustain that level then we can see upside momentum.
Chart pattern is in progress so be careful, do not rush to trade. Wait for the confirmation line breakout then we initiate a long position.
INFY 75m chart has completed head and shoulders pattern and has given a breakout today with above average volume. The price action is bullish and we can look for long opportunities on Thursday when the market opens after a day off. Any retracement to breakout zone of 1415 can be a good opportunity to go long with targets of 1445/1470/1495.
EURINR spot pair has formed inverted head and shoulders on the 2H chart. The currency pair is breaking out of that formation. We can wait for a retracement to enter long for a measured move target of 83.5.