Is Cipla ready to touch new highs? Cipla recently provided a breakout on January 2nd, following an extended period of consolidation. During this consolidation, we observed the formation of a bullish continuation Head and Shoulders pattern. Now, with Cipla executing a perfect retest after the breakout, we are optimistic that the skies are the limit for its new journey.
The stock, Mphasis has recently developed a Head & Shoulders pattern, signaling a potential trend reversal. Traders should exercise caution and consider implementing proper risk management strategies. On the chart, clear indications for stop-loss and two target levels have been outlined. Please note that this information is not financial advice but a market...
Cipla is currently exhibiting signs of a potential head and shoulders pattern breakout (b/o). This technical analysis pattern often signals a reversal in the prevailing trend. The pattern is characterized by three peaks, with the central peak (head) higher than the surrounding peaks (shoulders). A breakout is anticipated when the stock price falls below the...
The stock reveals a compelling inverted head and shoulders pattern on the weekly timeframe. Having experienced a breakout followed by a successful retest, there's still untapped potential. Refer to the chart for specified targets. Disclaimer: Not financial advice.
Tejas Network :- head n shoulder pattern. Entry : CMP Trgt : 465 SL : 615
-index has seen inverted head and shoulder pattern in lower time frame -banknifty as discussed in index weekly update had made it clear -a move above 43550 will lead to major short covering and retest of previous all time high -trailing my buy with yesterday low as stop DISCLAIMER:- -please consult your financial advisor -this is not a recommendation -please...
#TCNS forming iHnS and BO from last few week's high iHnS is showing upside potential of 34% Expecting good qtrs ahead.
Cholafin- Price forming a Head and shoulder in daily chart, expecting a breakdown below 600.
Hello guys Prerna here.. i am keen to share my view on nifty for upcoming days which should be taken only for educational purposes only. No trade recommend. Guys I'm expecting an inverse Hns Formation on Nifty chart. Right shoulder is yet to complete.. it's still in making... And for pattern to be valid it is imp that nifty doesn't give daily close below 15700......
Price can go down its opportunity to short term for sell because occur HEAD AND SHOULDERS chart pattern in GBPJPY
ICICIpru is near to very crucial price level. Neckline of H&S pattern is placed at 539 while 533 is strong support . Any close below this level may drag it further with strong momentum. Rest is detailed at chart. let us wait disclaimer : this is for education purpose only
HDFC Posted good quarterly result on Saturday, to support the result the price also forms a inverse HNS pattern. So we expect a good move on Monday.
Aster dm spot cmp 193 inverted head and should pattern breakout and retest hidden bullish divergence on rsi falling trendline breakout in rsi major elliotwave impulse wave in formation let see whats in store,, have mentioned roadmad will keep tracking
Key points: 1.) Forming Inverse head& shoulder pattern (bullish) 2.) OBV is giving trend line breakout and now inching higher. Support at 1300 Resistance -1550 Possible target 2000-2160 Time frame 1-2 year. Only for educational purpose
In day chart..trend line BO...Potential BO... Volume Rising...bullish head and shoulder form.. Chance to move UPTO 20℅.. All levels mentioned on chart. Only educational purpose.
Amaraja has retraced from Fib .5 levels and looks like strong reversal for an up move. It has also retested the trendline breakout happened at November 20 rally.
The stock of MRPL is trading in the range of 44.5-45.5, Forming a resistance of 46, Breakout above 46 will be our Entry point with the SL of 43.95 for the Target of 48.5. It has formed HNS formation in the downtrend which is a signal of a possible trend reversal with the potential to up to the price of 52.