My observation is that the new age startup stocks have rallied in the past few days, eg. Nykaa, Paytm, Zomato. Now, it might be time of Delhivery stock to breakout and rally. The stock has formed a clear inverted head and shoulder pattern with 380 as its neckline. 403 is a minor resistance after which the stock can rally uptil 450-460. If the stock retraces...
Attached: MCX Daily Chart as of 21st June 2023 Price has a Pending Upside Target of 1700 as per the Inverted Head & Shoulder Breakout So far the Price has been rallying in a Channelized manner and respecting the Moving Averages Today Price resumed its Up Move breaking out for 3-4 day consolidation And so the Journey up to 1700 shall resume from here Holding...
Attached: XAGUSD Daily Chart as of 17th March 2023 Price closed up 4.20% on Friday with a Bullish Marubozu Candle At the same time also triggering a Bullish Inverted Head & Shoulder Pattern Breakout Action Plan as follows: Buy triggered with Friday's Closing✅ Stop Loss⚠️ below 21.25 Upside Target🎯= 25 + (which is also the measured move of the IHNS...
#Hitechpipe is forming a IHnS at 880. The price has tested the 880 level for 3-4 times previously and also retested the BO level of 855-860 Now trying to break above the IHnS neck line in 880-885 zone. If breaks above this level then one can expect to 940/970/1000 price levels in coming weeks. One can keep SL of 825 o the closing bais.
#SBIN IHnS formation which may take this to 650 CMP 573.. Banknifty is very strong and all big Banks are still having lot of steam left
#SwelectEnergy Today on UC and CMP 372 Showing a formation of IHnS Abv 440 will be neckline BO. 100% upside potential form here.
#MMTC seems to be forming iHnS and CMP 44.3 looks ready for 25% upside. SL 38.5
Forming IHNS pattern on daily timeframe basis. Can keep on radar . I'll buy after breakout with volumes above 280DCB My SL will be 255 DCB. Targets will be the height of the head of IHNS. Thank you 😇 Views personal. I Can go wrong. Not a trading recommendation. DYOR
invere head and shoulder in hindpetro , such an wow pattern , one should definetely touch this one stock perfect aligned perfect retested but perfect is always doubtful so with small stop loss bet on it
inverted head and shoulder pattern in larsen and toubro. price still away from target 1 which is the distance of a shoulder. maintain stoploss and trade with caution
cumminsind ready after inverse head and shoulder target is drawn in picture time period is definetely undefined because we have to learn to react in market not to predict learn to react not to predict
As described in the chart.