KRBL Inverse head and shoulders pattern breakout possibleKRBL Formed Inverse head and shoulders pattern at bottom of trend.
Volume has started picking up gave bullish close above 300 today.
Can enter long near 290-80 with 233 stop loss for long term targets 650
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Inverse Head and Shoulders
ONGC - Inverse Head & Shoulders BO + volume expansionONGC is breaking out of the Inverse Head & Shoulders pattern it was forming since February. The price has broken out from the neckline and there is an expansion in the volume. I have made an illustration on the left-hand side, to explain the pattern.
Targets: 128, 137, 140, 146.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Spencer's Retail Inverted Head and Shoulders PatternMedium Term Trade: Spencer's Retail is on the verge of breaking out of an inverted head and shoulders pattern.
Buy: Spencer's Retail
CMP: 84.85
Target: 100-105
Stop Loss: 79
Holding Period: 2-3 Months
Please like and Follow if you find it useful.
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...