CROMPTON Is this an opportunity to enter or exit? Crompton is bullish in short term however medium to long term it has high disparity which indicate a retracement on higher timeframe.
Headandshouldersformation
Trygin Tech bullish BO of 14 Month long Consolidation A bullish breakout of 14 month long consolidation in NSE:TRIGYN .
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in NSE:TRIGYN at 122 or below with a stop loss of Rs. 110 for 1st target of Rs. 133 and 2nd Target of Rs. 144
The risk to reward ration is 1:2
Exit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Buy Voltas - Head & shoulder Pattern BreakoutBuy VOLATAS with Breakout Line SL-
Head & Shoulder Pattern Breakout.
Jindal Steel Head and ShoulderJindal steel chart create Head and shoulder pattern on daily time frame.
JP POWER TARGET 21 ?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..!
Genus Power Daily Flag BreakoutA 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 bullish.
------------------Entry@172
Exit@157(DCB)
---------------------------------Target1@187
----------------------------------------------------------Target2@202
------------------------------------------------------------------------------------Target3@217
xit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
CONDITIONAL SHORT IN BHARTIShort 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 H&S BREAKDOWN HAPPENING 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
Banknifty 1D Bearish Head and Shoulder ActivatedBearish
Head and Shoulder Activated
EMA 9 13 18 50 Break
EMA 100 200
43500 Before Expiry
one year consolidation over and life time high 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 pattern breakout at 65 level
upside chance 175 level keep stop loss 55 huge risk reward ration
global market are bearish take own risk
fundamentally and chart pattern all are good healthy.
take own risk
we are not recommend for buy and sell
JUBLPHARMA | Multi-Year-Breakout |Swing Trade|Bullish MomentumJUBLPHARMA | 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 H&S pattern SL is triggeredNifty 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.
Indusind Bank Head and Shoulder Pattern - hourly timeframeYet 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.
Weekly Inverted H&S Breakout: V-GuardA 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.
Continuation of Nifty H&S pattern breakout on 15min tfLast 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 almost 170 points. See the chart post for more details.
Power of sticking to 1 pattern. Go deep and not broad in stock market. You MUST be the expert in any one thing to make a killing here.
Head and Shoulder pattern in Nifty 15mins chartHello 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 purpose only.
L&T Head and Shoulder target achieved weekly tfI 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.
Bank nifty reverse head & shouldercheck 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 in Bank Nifty - 15minsHead 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 PATTERNNIFTY HEAD AND SHOULDER PATTERN
Short Nifty Below 19960
Short Target - 19520 - 19500 - 19350
Angel One Ltd. : H&S Pattern 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 sector's average revenue growth YoY for the quarter was 15.7%.
Debt to Equity Ratio of 0.8 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
Interest Coverage Ratio is 12.9, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
This analysis is only for education purpose and contains no tip to buy or sell any stock.
Good Luck !!!
Weekly H&S pattern target about to be achieved in L&T 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.
Head and shoulders in Bank Niftyweekly candle shows huge rejection from all time high, in the 15 minutes TF we are seeing a head and shoulders pattern break out and retest. confirming the bearishness
All the analysis and levels are only for educational purpose. Use Them at your own discretion
