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..!
A Flag and Pole Breakout structure is visible on the daily chart of NSE:GENUSPOWER with very good voulme. Expecting it countnue its uptrend and may reach my target in very short span of time(my be within two weeks) Risk reward ration is also favourable. RSI on Daily and Weekly chart both are...
Short BHARTI below 882 for 872/865/840/835. Keep stop at 900 when short trade gets active. With MACD divergence plus head and shoulder formation happening, a conditional short trade in Bharti coming
Banknifty has given breakdown below 44300 strong support which is H&S formation breakdown . Below 44000 we can see 43000 or below mark. Invalid below 45000 on weekly closing basis
Bearish Head and Shoulder Activated EMA 9 13 18 50 Break EMA 100 200 43500 Before Expiry
Menon Pistons Ltd is in the business of manufacturing of auto components such as Pistons, Gudgeon Pins, Rings, Auto shafts for commercial vehicles, tractors, passenger cars and heavy duty stationery engines. fundamental analysis 2023 Q1 beating all time high operating profit PBT also beating all time high as follow net profit technical chart head and shoulder...
JUBLPHARMA | Multi-Year-Breakout |Swing Trade|Bullish Momentum Chart Analysis: 1) Inverted Head and Shoulder Formation 2) Market Structure Breakout 3) Multiyear breakout 4) Volume Breakout This is just an analysis, trade at your own risk
Nifty gave a Head and Shoulder pattern in 15mins time frame. The SL for this pattern is generally the low of right shoulder. Nifty has broke the low thus triggering the SL for the trade.
Yet another H&S structure is formed in the IndusInd Bank's chart of hourly time frame. In a bull market like the one underway, this pattern has a very high probability of achieving the target. I am going long, are you? PS: This is NOT a trading call or advice. Please do your own research.
A bullish Weekly Inverted Head and Shoulder Breakout has been confirmed in V-Guard Industries. One can look into it for investement purpose and can buy at 284 with 260 as Stop Loss for the first target of 321 and 2nd target of 356. This is only for Education Purpose.
Last week I posted about a Head and Shoulder pattern formation in the Nifty chart of 15mins time frame. Amidst all the bearishness available throughout the market, this pattern had not hit its Stop Loss which is generally the low of Right Shoulder. Today's swing low narrowly escaped the right shoulder low of 19450. Now, from that low, prices have bounced by...
Hello Everybody, I am back with yet another Head and Shoulder pattern - long opportunity. Look at the Nifty 50 chart at 15mins time frame. you are going to see the H&S pattern once again. You know what this means—a long opportunity! TGT = Depth of the head SL = Low of Right Shoulder Long term TGT = recent swing high I am going long... PS: Post for analysis...
I had posted a long term buy opportunity in L&T. Long term because the head an shoulder pattern had formed in Weekly time frame. See how beautifully the stock has touched the target and still running string. Next target is double the first target. I will keep the stock with trailing SL below the 10 monthly moving average.
check the trend might be bullish but still wait for price action to make move! Avoid traps check twice price action and volume before making any entry
Head and Shoulder pattern has formed in Bank Nifty chart - 15mins time frame. Ideally, there are 2 targets. 1st - the depth of the right shoulder. 2nd - depth of the head.
NIFTY HEAD AND SHOULDER PATTERN Short Nifty Below 19960 Short Target - 19520 - 19500 - 19350
Formation of the Head & Shoulder Pattern is clearly seen on the Chart. The Entry level , Targets and Stop Loss are mentioned on the chart. Company's Fundamentals PE is only 12.15 against industry PE ratio of 21.14 with PB ratio of 4.95 only. ROCE of 47.3 % one of the highest in the Industry. Quarterly Revenue rose 23% YoY to Rs 831.1 Crores where as Its...
The pattern which started weeks back is now about to give the fruit. Look at the chart of L&T. How beautifully the chart broke out of the Head and Shoulder pattern and now is about to give the target. Patience and sticking to 1 pattern is the key to technical analysis.