I hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...
Invesrse Head and shoulders pattern in UBL. Broke Neckline of 1067 today with very heavy volume at the end of the right shoulder. CLear long signal.. Major resistance is near 1200 levels. 1200 is on the cards very soon.
We are expecting a very good long on GBPCHF. We have a nice looking inverse Head and Shoulder pattern visible on the 4H chart while there is a large H&S forming on a DAY chart.
Possible Head & Shoulder formation on Balkrishna Industries, Sell below @ 903 with SL @ 954 and Target @ 854
Britannia looks Bearish with Head & Shoulder pattern, also there is a formation of double top. Minimum target: 2910 and trail stop loss to cost price
PIDILITE Industries has finally had its head and shoulders pattern broken last week. Its certainly very interesting to look for a good entry and join the 'long' ride :)
A Hourly Head and Shoulder pattern in making... Neckline 724-720 So Sell, below 720 SL 730 Tgt 705, 685, 670 Let the Neckline break with full stream.
Buy Entry 200 - 205 Stop loss 168 Minimum Price Target 248 Risk to Reward 1 : 1.50 24% Up Side potential. The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)
The stock has formed a classical Head & Shoulder Pattern and trading below the neckline. One can expect the price in price range 3200 - 3175 in coming days. It does not need much explanation.
Amazing Breakout and this kind of breakouts are very powerful! So, 15% to 20% upside is eminent!
There is a possibility of KotakBank forming a Head & shoulders pattern with "equal low" in formation and then "lower high" and "lower low" are expected which should complete H & S pattern. It is possible because the weakness is evident in KotakBank as it looks like "big players / smart money" selling off - distribution, and retailers "Weak hands" buying. Rsi...