Check levels as per marking on Chart, Gold has short condition as per our analysis for the target of 54000.
Good day :) NIFTY IT has given a range breakout with a strong Marubozu open candle. Most of the IT stocks are performing really good and most of them are giving breakouts. I have identified one of the most strongest stocks of the IT sector which holds a weightage of more than 7% in Nifty. The stock is INFOSYS. This stock has been in a channel since May 2022. In...
HDFCBANK has formed head & shoulders pattern on the Daily chart with 1590 as the base. The stock has broken down from 1590 base on 10 Jan. If the breakdown continues, we can go short with the measured move target of 1508.
THEORY: This pattern forms after an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bull rally in which the volumes are quite large. At the end of the left shoulder, a minor correction takes place on the downside which happens on the low volumes comparatively the starting of the left...
1) Strong weekly close. 2) Expect a bullish move in upcoming weeks. 3) If it seems risky - wait for the retracement and then take an entry.
Crude weekly bottom with deep crab then upside 2.41% level now completed reciprocal ab=cd with previous support area in 4 hour try to forming head and shoulder pattern Buy suggested above the closing of 6760 for the target of 7663-8556-9399-10005 holding trade.
Head and shoulders pattern observed in asian paints if breakdown is confirmed with volume then target is 2830
Hello Traders! 1. I see a potential head and shoulder on the USDJPY chart. 2. It's still a pattern in the making and hence makes it a bit of a risky trade but definitely worth a shot as the market stands on a major support on the daily TF and has been consolidating in the region for quite some time now. 3. Also, as per my trade, we are entering at the...
* *For Study Purpose Only, Not a treading Idea * * Hindustan Uniliver is forming Inverted Head & Shoulder Pattern (Bullish Pattern) Ideal Entry will be 2720 and Target will be somewhere around 3000 *Save in your Watchlist*
Nestle chart developed a bearish head and shoulder pattern of 1065 points.
There are multiples Head and Shoulder pattern seen in Natural gas in Daily and Weekly timeframe make us feel bearish below 436
Cipla Ltd formed a head and shoulder pattern then beware to buy this stock it's hardly chance to break this pattern and it will go to downfall If you short this trade then mark my entry and sL And hope so trade will succesfull but We will buy this trade above 1160 And this short trade are shown this analysis
Bullish on Ultratech Cement Inverted Head & Shoulder pattern Should Give as same % Upmove as the Head of pattern Right Now focusing on ATH *Not a Trading Advice, Just For Education Purpose*
Head and Shoulders pattern is seen BankNifty in 1 hour time frame If BankNifty breaks the level of 42900 short position can be initiated and levels of 42700-42500 can be seen **Disclaimer: not an investment advice only for education and learning purpose**
After a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected. Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup...
Inverted head and shoulder pattern has immerged at IEX, indicating good up move.
Inverted Head and Shoulders formation observed in IGL Target 507 Anticipating a good breakout next week.
Call me an obsessed analyst but, I simply love Head & Shoulder pattern. They come in my dreams as well. :D Either way, I spotted this pattern in hourly time frame in JSW Steel chart. This one is not entirely bookish but, what is this life is bookish anyway? Let's see if this madness has a reason worth being mad for! Best of luck.....