ITCNSE:ITC is a very cash rich company
after a long consolidation today it closes above 240 levels.
so, as per our analysis it's making inverted head and shoulder kind pattern
so, we can take a swing trade on this for the targets of 265
Inverse Head and Shoulders
Intraday trading opportunity in BANKBARODABANKBARODA has formed an Inverse H&S pattern on intraday timeframe after a minor downtrend. Aspiring intraday traders can keep it on watch for couple of days. If it breaks neckline with strong volume, can be taken as an intraday opportunity.
IGLIGL formed a typical textbook inverse head and shoulder pattern. Its neckline consists at around 400 round number levels. A high volume break above his level can give an exceptional long opportunity. Keep an eye on this script.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Dr. Reddy form Inverse H&S pattern Dr. Reddy form Inverse H&S pattern. It can long if come 4150-4210 or if it close above it's neck line 4400 for target 4750 and 4900 in upcoming month.
JKPAPER inverse head and shoulder break outJkpaper given inverse head and shoulder breakout in weekly chart..
stocks look bullish and looks good for accumulation for long term perspective for targets of 400++
views are educational
HAL ready to BlastHAL after forming IH&S is now trying to give breakout above levels marked on the chart with great volumes. Post this breakout this can be good swing trade for short/medium term.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Nifty Long Idea.Nifty form inverse H&S pattern on weekly chart . Nifty may test 17770 and 17950-18010 soon.
Note:- Nifty major support 17333 and 17000, Note:- If nifty come near 17335-360 spot levels on any day can long for target 17770 and 18018+ soon with stop loss 17000 on closing basis.
Vidhi Specialty ready for its 'next move' !!!!Vidhi a trending stock which was was under consolidation in recent
times has given a breakout from inverted head and shoulder pattern
with strong volumes.
Both RSI and MACD is showing strength.
HAL driving his own jet 'and ready to fire up' 🚀🚀!!!!HAL had given a breakout from a inverted head and shoulder pattern which
is extremely bullish pattern.
Also, positive MACD crossover is visible and RSI breaching above 60 again a
positive sign.
Volume is also supporting the up move.
Pattern target of 1650 could be seen.
SAPPHIRE ready to move upSAPPHIRE has formed an Inverse Head & Shoulder pattern after a downtrend. Broke the neckline and retested the same. Now it looks like stock is ready to move up again. Intraday traders can keep this stock in watchlist and swing traders can take delivery if it breaks 1340.
MARUTI | Head and shoulder pattern | Trend Reversal ???NSE:MARUTI
Cmp 8602
Breakout after a long Consolidation
#study
HDFC long formation happening HDFC LTD forming classic inverse head and shoulder pattern. Buy above 2430 range for 2700 and above levels.
Inverted HnS Pattern Bullish Signafter 30% fall from top, it is forming a bullish pattern
So we can trade HDFC long side point of view.
there is also 200 EMA resistance so if closing above 200 EMA then initiate a trade with small quantity
Later on retest or pull back add more as per your risk appetite.
NIFTY 50 TECHNICAL ANALYSIS nifty has formed inverse head and shoulder in 15 mins, expecting to be bullish
expecting gap up tomorrow using elliot wave and inverse head and shoulder...
it is just my view. EDUCATIONAL PURPOSE
SOL long idea for a target of 100SOL formed a Inverse H & S bottom pattern. and expecting it to reach at least 100. It got rejected from the trend line resistance area and at came down to support level at 89-88.
OBV gives more confidence in the Inverse H & S pattern.
Bsoft breakout from inverse head and sholderBirla soft given breakout from inverse h&s pattern...
bias bullish.. buy on dip
targets 520+++
views are educational...
ABCAPITAL - Inverse Head and Shoulder ABCAPITAL - Inverse Head & Shoulder in weekly time frame and Descending Channel consolidation breakout in Daily time frame
Inverse Head & Shoulder Breakout - Accumulate on DipsPositional Call
Accumulate around 1600 levels
for Targets of 1900-2000
DLF SWING TRADE As we see INVERTED HEAD AND SHOULDER is in formation in DLF. We can go long after breaking the neckline and 200ema.
SILVER MINIMUM 70000 EXPECTED INVERTED HEAD AND SHOULDER BREAKOUT EXPECTED.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Maruti Inverse H&S pattern Maruti form Inverse H&S Pattern. it's neck line is near 7676. can buy here 7500 for target 8700 and 9900 it may take 1-3 month
IndusInd Bank Ltd - Inverse H&S1. Price took support at the 800-830 range for 5 times.
2. Formed Inverse H&S Pattern at support.
3. Breakout & retest of Inv H&S completed.
Entry: 965-970
Target : 1066
SL : below 930 (Closing basis)
