T- 215/200/185 SL : 239 Reason : Head and Shoulder like structure and bearish bat has formed . Holding period : 30 days
TEXMACO RAIL & ENG - Long-term Bullish 1. Now in a support zone, If it breaks means it will form a head and shoulder pattern. 2. Target is 33, Once it completed the pattern it will move upward. 3. buy at 33 and Long term target will be 60. Note: 1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only. 2. Always check with...
This stock has broken down support trend line on daily chart along with good intensity of volume. Stock is possibly forming a bearish head and shoulder pattern and currently, the neckline is at 603. close below 603 will confirm a head and shoulders breakdown which may the open the gates of 482 levels. Also trend indicators like macd, rsi, rk momentum, rk mass...
Head and Shoulder formation, Power Grid is at critical level.
EURUSD has formed head and shoulders on 4H chart. Breakout, retracement leg is complete as well. Conditions seem ripe for H&S bullish continuation push upwards. Measured move target: 1.08.
Inverted Head and Shoulder in Pidilite . on 15 minute timeframe
HDFCBANK has formed Head & Shoulders pattern on the weekly chart and is breaking down from its trendline at 1250 zone. Breakdown from here can take the price all the way to measured move target of 990-1000. Note that 200WMA may also act as support at this 1250 zone and we may see the price halting here, hence 1250 is a crucial support zone for the stock. If held,...
AUDJPY broke head and shoulders pattern in D and 4H . i will look for a retracement to enter during pull back . Since JPY is trading strong i am expecting good bearish movement . i will enter in lower time frames like 1H after seeing confirmation from candlestick I COULD BE 100% WRONG IF U FOLLOW MY TRADE IDEAS KINDLY MAINTAIN A MAX SL OF 0.50%
#nifty future resisted near channel top of 17400 and making head and shoulder pattern... moving towards middle line of channel and neck line of channel near 16925-- 16800 now immediate channel resistance is 16225---16280 mkt "sell on rise " mode
#praj Praj industry looks getting ready for Inv HS BO. Will take pilot position on Day close above 430 And final position on DC > 445 #vr
#CANTABIL (D):- CMP 1105.3 Looks Good For More Upsides :) #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
I'm hoping to see an head and shoulder pattern in axis bank on daily timeframe, as it's near supply zone. Please feel free to guide me as im still learning basics of supply and demand zones and how to combine patterns with them for confirmation.
As axis bank is near a supply zone, i'm assuming we can see downfall of axis in coming week. I'm still learning basics of supply and demand zones. Please feel free to give me helpful advices here.
Reasons to buy NSE:HDFC : 1. Reverse Head and Shoulder 2. Bullish divergence(Which is very rare confirmation signal ) 3. RSI above 50 4.Fibbonacci support of 38%. Buy in the given range only, maintain SL and Stick to the system .
All details given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only educational purposes and not a trading recommendation.
RAMCOCEM has formed extended head and shoulders on 1D chart along the 920 baseline. Breakdown from here can be significant hence caution suggested for longs. No fresh shorts yet as the trendline is not broken. If the baseline is broken, the stock can see a measured move fall toward 750.
Deepak nitrite is forming head & shoulders pattern. According to pattern and Support levels we can expect Target levels as Target1: 1930-1900 Target2: 1750-1730 It also forming Flag & pole in 1 month chart if it break Flag Target: 1750 Note: 1. There is Gap between 1950-1900 2. In covid time it fell 42%. In our targets from 52 week high...
Nifty formed Inverted Head&Shoulders pattern between 22Nov-8Dec (Missed oppertunity) Head target around - 305-320pts