Dabur India has given a Head & Shoulder Breakout on daily chart with good volume. Current price is ₹665.25. The stock is trading at ATH level so we can expect a good upside move.
We can expect ₹710 in few weeks.
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for...
Bitcoin has formed a head and shoulders pattern, signaling a potential trend reversal. To confirm this pattern, CRYPTOCAP:BTC needs to reclaim the $61,600 level. If successful, the target moves to $66,800, with the potential to reclaim liquidity around the $68,500 to $70,000 area. This setup indicates a possible bullish momentum for Bitcoin in the near term
Analysis: JUBLINGREA shows strong uptrend potential with good technical
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
While all the auto stocks were moving, NSE:ATUL remained silent. Finally it is ready to move now. Trendline breakout strongly done, re-test complete and now heading for inverted H&S breakout. Once it breaks out, 7000+ levels will be there soon. One can expect some strong sales data as a trigger at the beginning of next month.
After reaching highs of 5000, NSE:CRISIL corrected well below 4000 levels but now forming inverted H&S pattern which will breakout at 4500 while another inverted H&S pattern on hourly is expected to take place. Stoploss at 3850.
Chart Analysis
1) Cup formation - weekly chart pattern
2) inverted head and shoulder formation - daily chart
3) Good EMA-20 support taken in daily chart
4) Good volume breakout as well
NSE:NITINSPIN Stock is likely to break out of an inverse head & shoulder pattern.
Buy sustain above 355 rupees.
Target 1 is 365 to 369 rupees.
Target 2 is 375 to 385 rupees.
Stoploss below 335 rupees (One Day Candle Closed).
Smaller inverted Head and Shoulder breakout done, retested and follow up move came. NSE:IGL is now ready for a bigger breakouts and further upmove in coming weeks.
Hi All,
This idea is related to Jayant Agro Organics Ltd
Fundamentals:
The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals.
Market Cap - 962 Cr
Stock P/E - 18
Book Value - 181
Promoter Holding - 67%
EPS - 17.6
Debt to Equity - 0.29
ROE - 10%
ROCE - 12.2%
Dividend Payout - 23%
Technicals:
This...
Wait for the daily candle to close and retest.
A beautiful head and shoulder pattern with and increase in volume.
Plan of action -
Entry after retest - 26890-27000
Target 1- 28100
Target 2- 29000.
Disclaimer - education purpose.
Coupling news had hit this monopoly stock really bad but finally a head & shoulder breaking out after base formation. NSE:IEX is that beaten down stock whose price is hit badly but the finances are not that bad. Was overvalued earlier and still trading at 45+ P/E but that'sthe premium it deserves for being a monopoly stock.
A trendline has been drawn showing the expected bullish trend (green solid line), with an alternate path shown (blue dotted line) indicating potential short-term fluctuations before reaching the target.
1)Head and Shoulders Pattern:
Left Shoulder: Formed around June 2022.
Head: Formed around October 2022.
Right Shoulder: Formed around February 2024.
Neckline:...
Andhra Petrochemicals is a Monopolistic business, There is no plant like their, in Q4FY24 they gave a bumper results as well, along with Rs 2 Dividend (200% Dividend).
A nice inverted H&S has been created and breakout is round the corner above 106 levels.
Target is 170++
you can keep SL as 84 for the same.
![LALPATHLAB: LALPATHLAB [Head and Shoulders Pattern]](https://s3.tradingview.com/7/7hoYyxJH_mid.png "LALPATHLAB [Head and Shoulders Pattern]")
