Inverse Head and Shoulders
WELSPUN INDIA LONGOpen chart for detailed analysis
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SL @145 for prescribed targets
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#DEEPAKNITRITE Inverse H&S breakout post correctionThis stocks seem breaking out form an Inverse Head and Shoulder patter post and good correction.
The current momentum and trend is bullish in short term as well as medium term with decent volumes.
This is positional trade that can move back to previous ATH with interim resistances as indicated at FIB extension levels
Fundamentally also the stock had given good ROE and decent profit growth while being an almost debt free company.
Bannari Amman Spinning Mills - Inverse H&S pattern1. 3yr breakout
2. Formed Inverse H&S pattern.
3. Also textile stocks took momentum.
Entry: 84-90
SL: 75 (weekly closing basis)
Targets:
1.95
2.107
3.117
Inverse Heald & Shoulder Base Breakout - Don't MissPositional Call
Good Fundamentals to add. Took enough time to form a good base and ready for another run
Inverse Heald & Shoulder Base Breakout + RSI Divergence Accumulate
Positional Pick !!
Excellent fundamentals with Good Order Book.
MARUTI - INVERSE HEAD & SHOULDER PATTERNAuto Giant has nicely formed inverse head and should pattern on sustaining above 8000+ level. next target would be 9300/9800/10000
MIRZA INTERNATIONALwe can see a good breakout in mirza international share, share is in consolidation phase from a very long time.
We can see a head and shoulder pattern in this share
we can make it long from here with Stop loss of 55 and the targets are 110.
Thanks
Inverse Head & Shoulder pattern Stock has from an inverse (bullish) Head & Shoulder pattern. Breakout is achieved. Currently, price movement is in confirmation stage. Potential up side is around 80 points.
Inverse Head & Shoulder Breakout - Don't Miss Positional Call
Do not miss level. Excellent Stock with string fundamentals.
Why Bitcoin still keeps dumping from support areas ?As you can see, Price still follows the Inverse Head and Shoulder pattern and keep in mind guys, this is on the 4H timeframe and formation of the complete pattern might take a week to 2. In the meanwhile why has bitcoin dumped from $48500? One thing I could see is that in the Daily stochastic, we were still moving down and from the oscillators we didn't quite get a bullish Divergence yesterday. But right now Bitcoin has created a new Lower low than the previous Low and a bullish divergence in the RSI of the 4H timeframe as well as if the candle closes green Today for bitcoin in the Daily Timeframe it'd also signal a bullish buyers in 1D timeframe( you can cross check with just a normal RSI on both timeframes). The point is that Bitcoin might take price action to $43-$44k range as those areas have tons of support. But again those will lead to more bullish divergences! So, I'd say not to risk your money by going on high leverage until confirmation occurs, keep a tight stop loss.
We have a buying situation Today and can go long but then too always consider the other scenarios. So take profits in the necessary support areas and have a tight stop loss set
Yes the bounce was reasonable but having patience to wait for the confirmation would serve better!
Delightful New Year for Bitcoin🥳The Bitcoin chart on 4H Timeframe seems to be printing a bullish Inverse Head and Shoulder pattern that could possibly trigger the next upcoming moonshot to $100k or more. Target of the Head and Shoulder may vary and to be precise you can use pivot lines or any such tool, The estimated target is between $57-$58k
Torrent Pharma inverted Head n shoulder BreakoutTorrent Pharma good for swing trade
Buy : 3240-3250
SL : 3050
Target : 3750
PHILIPCARBON BLACK - INVERSE H & SBreaking out with a strong bullish candle, targets as mentioned in the chart
DEEPAK NITRITE - PositionalWhy this trade..??
1. Inverse Head & Shoulders pattern
2. Rejection at Fib 61.8% level
Reasons mentioned in the chart.
Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.
BUY MASTEK FOR 3375/3400.MASTEK breakout of inverted head & shoulders pattern above 2980. keep sl at 2920 and look for 3375 and 3450
Inverse Head & Shoulder - Neckline BreakMastek share seems to have formed an Inverse H&S pattern.
It will be interesting to see if it follow the book and raises back to its previous high from here.
Note: This is not an Investment advice. Only for educational Purposes.
Inverse Head and Shoulder- phillip CarbonInverse Head and Shoulder pattern spotted on 1 hr time farme. Levels are on chart. Post is for analysis purpose only.
Inverse H&S pattern - Lemon TreeInverse Head and Shoulder pattern spotted on 1 hr time farme. Levels are on chart. Post is for analysis purpose only
Inverse head and shoulder in Banknifty inverse head and shoulder pattern in banknifty with clear breakout
