Inverse Head and Shoulders
New India Assurance Company Ltd - Good for Investment PurposeAdd "New India Assurance Company Ltd" | NSE: NIACL to your watchlist. Good, Investment Opportunity if breaks the upper resistance as shown in the image.
It is forming an inverse head and shoulder pattern.
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
Kotak Psubank Inverse head and shoulder BreakoutInverse head and shoulder forming
Buy above 263
Stop Loss 188
Target 345
Trend Reversal - Inverse Head & Shoulder BreakoutPositional Pick !!
Clear Trend Reversal on charts with Inverse Head and Shoulder Pattern on daily charts. Price clearly breaking the resistance with good volume. Inverse Head and Shoulder can also be seen on Monthly Charts. So can breakout soon on longer time frame as well. Can turn out to be a goof investment after monthly breakout.
Trap or Opportunity / Reliance Power"Wait for a Decisive Breakout"
Inverted Head and Shoulder / Large TF
Cup and Handel / Medium TF
Bullish Flag / Short TF
On the larger time frame, we have Head and Shoulder
On the medium time frame, we have Cup and Handel
On the shorter time frame, we have Bullish Flag
With Good volume activity
This trade is High Risk but has a good reward of up to 200%
Plane your trade accordingly (manage position sizing)
Have a nice trading day.
All the best and take care.
AFTER 4 YEARS DOWN TREND BREAKOUT ANALYSIS 22.06.2021BUY : 37 TO 35
TARGET : 55 TO 58
Reason For Buying This Script :
In this script after 4 years down trend line was broken & also it has retested in monthly time frame . It shows positive moment.
Don't miss this moment.
Note:
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST...
Vodafone (about to fly)Idea has given an inverted H&S PATTERN Breakout with volume , even rsi took and bounce back from it's indicating trend reversal . Looks good for short term target of 14 , have potential to move 18/22 in long term .
Not a financial advisor , ask your financial advisor and enter at your own risk.
Comment down your views.
Inverted Head and Shoulder / Breakout Canara Bank has formed Inverse Head and Shoulder Pattern on the daily time frame.
Broken resistance on high volume candle
Now the resistance will act as support if the stock retest its resistance look for an opportunity to buy at 156-155
Buying at retest will enhance the Risk-Reward ratio
Target 184
SL 153 (50%)
SL 147 (50%)