Gail India Inverse H&S pattern It forms Inverse H&S pattern can buy 147 add more if come down to 143 stop loss 137 closing basis target would be 157 and 163 soon
Inverse Head and Shoulders
#indianhotels multiple pattern breakout weekly#indianhotels multiple pattern breakout
inverse HNS pattern breakout on weekly
previous resistance zone broken out on weekly
ascending triangle pattern breakout on weekly
momentum and trend indicators show bullishness all timeframes short medium long
breakout candle low can be stop loss and entry on retracement ideal as candle is big.
Purvankara - Good bet in a short termInverted H&S Breakout in daily time frame, Shall enter upon correction on the neck support level
Target levels marked in chart
Please do your own analysis before investing..!
#AXIS bank .potential breakout candidate on watchlistAXIS bank shows a potential breakout from a previous 2 year old resistance zone. Looks like it is forming
inverse Head and should pattern on weekly timeframes with neckline same as the resistance zone with potential to break out upside
If it worked out.Momentum and Trend indicators are showing bullishness on all timeframes now.Enter only on confirmation
of breakout with a green candle close above and tight stop loss below entry candle.
Mastek - Inverse Head and ShouldersInverse H&S pattern at hourly timeframe.
Although it is comping from uptrend where the inverse H&S may not be more significant compared to that coming from downtrend, once can go long.
Also, ascending triangle breakout can be spotted.
Tight stop loss can be below the swing low.
Only for educational purpose. Trade at your own risk.
Hero Motocorp - Good Bet for a swing tradeTechnically bullish - Inverted Head and shoulders pattern breakout;
Expected Target 6% up (3020 Lvl) in 12 days.
Please do your own analysis before investing..!
HINDPETRO gonna skyrocket from current levels?HINDPETRO has been forming an Inverted Head and Shoulder pattern for the last few weeks. If it closes above 280 levels, it might rally till 300-310 levels. So keep an eye on this for a breakout.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
Inverse Head & Shoulder - Right Shoulder on the WayPositional & Investment Pick !!
Please also go through my post dated 29th May related to Dr. Reddy, the link has been attached herewith. It was clearly suggested that there may be correction towards 4400 levels. It took time but eventually it did correct.
4400 levels almost was tested and it bounced back from support around 4440 levels. Expecting Right Shoulder to complete now.
Keep Accumulating for targets suggested on charts.
Levels for - 09 Sep 2021EXPLANATION : This is a 15 Min time frame chart of NIFTY , It has formed a Double Bottom Pattern , W pattern . If gave a strong breakout and broke its supply level with volumes and retest the same , I am bullish on NIFTY . If gave a Rejection from supply level its kind of a Right hand shoulder of Inverted head and shoulder pattern .
COAL INDIA : Inverse H&SStock is forming an inverse H&S . One should buy the stock near 146-147 zone keeping a SL of 138 & look for the measured tgt of 160 .
BHELLooks like an inverted Head & Shoulder breakout on a weekly timeframe. Targets mentioned in the chart. 64, 72, 99.
AXISBANK: Inverse head and shoulder, and Triangle breakout.I found this stock a week ago. I found a good Inverse head & shoulder and triangle breakout in the Axis Bank stock. Actually, the risk-reward ratio is very good in this stock. So, I took entry in this stock. I found that two patterns in the daily timeframe. So, you guys can also check it. Thank you!
Kolte Patil- Multiple BreakoutsFalling Trendline Horizontonal line & Inverse H&S Breakout. Volume is supporting and stock just turned positive on RS too.
CONTAINER CORP -Inv Head and ShoulderRiding the Inverted Head and Shoulder Pattern here.
Weekly chart so time frame is minimum 3months to a year.
MACD is about to crossover.
Took support at 20 EMA.
GODREJ PROPERTIES: Getting ready for a big breakoutGodrej Properties is on its way to make an Inverted Head and shoulder Pattern.
right now the price is trading 6-7% below neckline resistance. We may see it at the neckline very soon.
If the price gives a breakout of the neckline then we will see a big move from Godrej Properties in the coming days.
HINDPETRO LOOKING GOOD FOR INTRADAY AS WELL AS SWINGHINDPETRO forming inverse head and shoulder looking good for intraday levels as well as swing trade
InterglobeAviation : potential breakout #interglobeaviation potential breakout
pre pandemic resistance hit .watch out for a potential breakout.
also looks like an inverse head and shoulder pattern on weekly though not perfect looking.
bullish momentum and trend seen on all timeframes. Could plan long
if a green close appear above resistance with stop loss below it.
INVERSE HEAD & SHOULDER (ATGL)ATGL Positional View. Good to go long
REASONS TO TRADE:
INVERSE HEAD & SHOULDER
CROSSING MA 44
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Disclaimer
I am not Sebi registered analyst
My studies are Educational purpose only
Please consult with your financial advisor before trading or investing
ABOUT THIS PATTERN:
An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. The price falls again to form a second trough substantially below the initial low and rises yet again.
Alkem Laboratories - Inverse Head and Shoulders PatternAlkem Laboratories - Inverse Head and Shoulders Pattern
Breakout
StopLoss @ 3118
Target @ 3902
RELIANCE LONGReliance Long
Inverse Head & shoulders pattern breakout
Buy at CMP- 2174
SL- 2098
Target- 2275, 2360
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
QUICK AND DILIGENT ANALYSIS ON BERGER PAINTS !!!Notable points:
1.Stock is taking support at major weekly trendline support area, also same zone is a previous resistance which turned into support now.
2.The stock is at 50% fibo support and seeing some buying interest with formation long lower wick candle at the support.
3.The stock is almost bottomed out in RSI , thus can expect a bounce from this area.
4.The stock was in a decent uptrend and did a long consolidation therefore probability of bounce from major weekly trendline support is high.
Short Term View : Bullish
Timeframe used : Daily
Target : 830-870
Takeaway : Can enter at or near by the current trendline support.
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.
Buy ITCBuy ITC near 210-215 Stoploss 205 Closing Basis Target above 222
Inverse head & Shoulder Pattern
