Inverse Head and Shoulders
Amar Raja Battery Inverse H&S patternAmar Raja Battery forms Inverse H&S pattern and also has trendline BO. There is major resistance at 769 (200 EMA) Now today it was reverted from this levels so It confirm the Inverse H&S pattern with return move.
It can long near 740 add more if come 724 for target 800-820 soon
AMARAJA BATTERY TRADE PLAN: 11 OCT 21 ONWARDSLevels as mentioned on the chart with probable Price Action to follow....PATTERN: INVERSE HEAD & SHOULDER
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
BOSCH TRADE PLAN: 11 OCT 21 ONWARDSLevels as mentioned on the chart with probable Price Action to follow....PATTERN: INVERSE HEAD & SHOULDER
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON MTARTECH.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON PRINCEPIPE.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
UFLEX upflag pattern formation (inverse SHS too)Upflag pattern formed (even inverse shs formed) >> candle breakout with huge volume camp with last 1 week trading session >> target up to 622(10% returns) and more 632(risky) >>once target nearby book profit NO WAIT >> or follow trailing SL >> tme span 2 week positional call >> Educational purpose
Trading Inverse head & Shoulder ft. IndusThe inverse head and shoulder is a reversal pattern that occur in a downtrend. Imagine a person doing yoga upside down, that's what this pattern looks like so some key takeaways before trading this bullish chart pattern:-
1) The left and right shoulder should be roughly equal, In my chart its inclined inverted head and shoulder pattern so use the tool given by tradingview.com for this purpose as it's accurate.
2) Don't trade without breakout a retest so here in my chart it gave a good breakout by a bullish candle and finally retested in this week.
3) Keep SL, Targets and you're ready to rock! :D
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HINDPETRO.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Levels for - 04 Oct 2021EXPLANATION: This is a 15 min time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed an Inverted head and shoulders pattern. If stock give a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on ULTRACEMCO .
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SELF EXPLANATORY SERIES : QUICK ANALYSIS ON ABFRL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON PFCIn this self explanatory series i will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading
Simple Trade Setup | 27-09-2021 | GRASIM [Intraday & positional]NSE:GRASIM
Observations:
1) One 1 hr time frame,It made inverse head and shoulder pattern and given breakout of it on 24-09-2021. And it closed above the neckline of it.
Please refer below chart : 1 hr time frame.
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For Positional Trade for short-mid term target on long side will be 1700- 1720 - 1750. SL will be 1580.
Major resistant at 1660 level.
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Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.