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.
POEL Monthly tf ultra bullish structure inverted head and shoulder breakout done can look for tp of 148-150 disclaimer : only for educational and learning purpose
BEARS to Attack SRTRANSFIN! A Head & Shoulder Top Pattern is visible + EW count says 1 of (C) done as the 'v waves' marked 2 of (C) done as rise from 23rd August Low is overlapping Now 3 of (C) down should start CMP= 1324 TARGETS: T1= 1260 T2= 1235 STOP LOSS > 1400
We can see formation of head and shoulder prcie broke neckline and retested the neckline so we can place stoploss slightly above neckline Disclaimer - this is just my view and opinion it can also go wrong this is only for educational purposes please trade at your own risk\\
In this, the price formed a head and shoulders pattern at the FIB Retracement golden level of 0.618 and broke out with decent volume, now trying to continue its up move. This is the best time to take entry
What is a Cup and Handle Price Pattern? The cup and handle is an accumulation buying pattern, which is found during long periods of consolidation, and can lead to powerful explosive moves once the pattern is fully completed. What is a Symmetrical triangle pattern? A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a...
AXISBANK 75m chart is exhibiting a cup and handle bottom formation within a broader tilted Head and Shoulders formation. Bulls and bears fighting for dominance, although bulls seem to be winning with this cup and handle in place. Would be interesting next few days to see which side the tide turns and therefore which side do we need to turn and enter our position.
Formation of head and shoulder pattern on daily chart. Short entry can be activated
JUBLFOODS has prepared a nice Inversed head and shoulder pattern. And also it has broken out of that pattern very convincingly. Also 590-596 was a resistance zone which it had crossed successfully. LONG position can be taken in this. Entry:- 605-605 Target:- 790 SL- 509 ( Ideally SL should be a last shoulder of pattern - but right shoulder is not very clear...
Bank Nifty could be unfolding head & shoulder chart pattern in 38155 - 38402 zone. The pattern is yet not formed & have to complete by reversing down from 38350-38402 to the neckline support Trading Strategy Trade will trigger only when neckline is breached which is a rising trendline marked as "Neckline" Index has to fall below neckline which is 38200...
AARTI IND LTD seems head & shoulder in daily chart. keep watch for breakout confirmation. If price sustain above 726, It will reach above mentioned target.
NIFTY 50 as per 15 minute Chart Analysis i observe as below As per 15 minute chart Analysis Elliot wave 5th had been completed and 1st wave will be starting tomorrow and should test 17466 level and then turn bearish and take a support 17428 / 17407 level. If 17400 level is broken then 17348 level holds the next support. Also i find a Head and Shoulder pattern...
UTIAMC has made a inverse head and shoulders pattern and gave a breakout with good volume . Stoploss can be at recent swing low. Disclaimer :- I'm not SEBI registered analyst. Information given is for educational purposes only. Do your own analysis before investing.
There are few reasons for the above observation, They are : 1. There is a Bearish Bat harmonic pattern formed. Only a small correction happened 2. A Head and Shoulder pattern formed which gives a bearish signal 3. A cup and Handle pattern also formed which gives a bearish signal 4. A triangle pattern can be seen. It is in the way of downward breakout, and, 5....
This is 1D timeframe. Infosys have formed a inverse head and shoulder pattern with a morning star at bottom in head. Last three days, 2 good bullish candles, but the volume is average so I need more confirmation to initate the trade. Will wait to get a closing above 20th July candle with volume support. Then I can target the 1660-1670 zone. I can keep stoploss...
JPYINR currency spot pair has formed a head and shoulders bottom on the 4H time frame. The price broke out of the resistance line today. It would make sense go long on a retracement back to the trendline for a measured move target of 0.60 on the spot pair.
NSE:ASIANPAINT Breakout with volume support and breaking pattern like head and shoulder. Thanks...
After the falling wedge breakout I posted earlier Will reliance take support on the trend-line or break it? Will it take nifty to lower levels along with it. Can be weak after a close below 2400 Stay tuned