HFCL - Keep a close watchThis analysis is on the request of quite a few well wishers.
There was a breakout this week but there lies ahead a very strong resistance. Once that is cleared then the stock will do well.
Inverse Head and Shoulders
MAAN ALUMINIUM - Inv H & S + RetestSelf Explanatory.
After a Breakout, a retest to the line of least resistance and Breakout.
Resistance Breakout with Inverse Head & Shoulder FormationAvenue Supermarts (Dmart) is involved in the business activities of Retail trade, except of motor vehicles and motorcycles.
The Stock has formed an inverse Head & Shoulder on Charts and is ready to breakout. The Stock is technically placed below 50 DMA and around 100 DMA.
The Company is fundamentally very sound. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. An annual revenue growth of 24% is outstanding & ROE of 11% is good. Mutual Funds and FPI together hold around 16% stake in the Company indicating good investor interest in the company. The Company has posted good results yesterday beating the estimates made by several Research Institutions.
Watch out for breakout and close above 2960 with good volume.
Can accumulate thereafter for targets of 3200-3300 with SL at 2820. Long Term Target 3600-3800
Please feel free to share your feedback and queries.
BTC looking BullishBitcoin Inverse Head and Shoulders pattern on 4h TimeFrame.....good consolidation happened earlier...so higher change of going up
HIGH PROBABILITY SETUP ON MOIL LTDFew takeaways from my analysis on MOIL LTD.
1.Inverse head& shoulder pattern breakout: stock broke out of the pattern(neckline resistance) after long consolidation period.
2.Volume spurt: breakout supported by decent volume, indicating bullishness.
3.Moving averages : stock trading above 20MA And 50MA on weekly chart, Also trading above 50MA and 200MA on daily.
4.RSI: breaking out of weekly resistance on rsi and trading above 60.
Short term view: Bullish
Timeframe used : weekly
Short term Target : 210
Note : entry not yet triggered , wait for a retest of neckline to enter.
Disclaimer: These are just my personal observations and not trading or investment tips , please do your own research or consult an investment advisor before doing any investment or trading.
Nice Structure Dhanlaxmi bank Bullish Bias Target 20Buy at CMP
Target 1: 18
Target 2: 20
SL ~14 levels
TATA STEEL BSL - Good SetupThe chart is self explanatory.
Breakouts from inverse head and shoulder pattern and retest.
Steel is the Global flavor and the price action here is very encouraging.
BEL INVERSE H&S APPTERNBEL FORM INVERSE H&S PATTERN. NOW IT WAS GIVEN RETURN MOVE AND TAKES SUPPORT AT 120, CAN LONG FOT TGT 150 AND 180 SOON
Inverted_HEAD AND SHOULDER PATTERN IN BHARATFORGEThere is the formation of an inverted head and shoulder pattern formation and channel Breakout in the chart of Bharat Forge also 50MA may cross 200MA soon and show GOLDEN_CROSSOVER but need to wait long and analyze the chart from time to time
Not any financial advice just learning more and letting others learn if any suggestion pls comment blow thanks
Resistance Breakout with Inverse Head & Shoulder FormationS H Kelkar & Company is involved in the business activities of Manufacture of essential oils; modification by chemical processes of oils and fats (e.g. by oxidation, polymerization etc.).
The Stock Broke a major resistance with a good volume with Inverse Head & Shoulder Formation and Rounding Bottom Formation on charts. RSI is perfectly placed at 67 levels that shows that the stock is not a overbought zone. There has been continuous rise in volumes indicating consistent accumulation of stocks.
The Stock performance has also improved considerably during Q2 & Q3 of FY 21 showing an increase in EPS of 233% & 201% respectively. Mutual Funds stake has continuously increased during the quarters form 2.21% in June quarter to 4.1% in December Quarter. Last quarter performance is pending and is expected to be on better side.
Accumulate now for targets of 170-200-240 with SL at 125.
Feel free share your feedback and queries.
Lincoln Pharma 5yr Breakout Inverted Head and ShoulderPharma sector is projected to do well in this month.
We can expect a good breakout in this scrip.
Watch out at breakout levels. Likely to shoot up quickly.
INVERTED HEAD & SHOULDER BREAKOUT IN SBI CARDOne can intitate long position in SBICARD with minimum target of 1083
12 Year Breakout / Cup and Handel / 8X Return""Wait for a decisive breakout with substantial volume expansion""
Short Term SL 32
Short Term Target 75 (80%)
(it had already broken out)
Major Support at 34
Long Term SL 25
Long Term Target 360 (800%)
(wait for a breakout)
Plane your trade accordingly (manage position sizing)
All the best and take care.
DLF ANALYSIS ON DOWN TRREND LINE BREAKOUT 30.04.21BUY :247 TO 230
TARGET 453 TO 568
High conformation Buy above 263 .
Reason For Buying This Script :
In this script long term down trend channel has broken , Now it is happening retest moment . So we can go for buy . If it close above 263 in weekly time frame then we can also go for buy.
Don't miss opportunity.
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.
SBI CARD : Inverse H&S BreakoutKeeping SL of 900 (right shoulder) , one should go long on SBI card for target area of 1020/1040/1070
intra idea TL and C&H UBLstocks looks good above 1148 TL and C&H BO
SL and target mentioned by red lines
educational idea
trade with risk management
HDFC Life Bullish BiasBreakout retesting levels
Anchored vwap support
Inverse H&S
ideal SL as per IHS 555
Target 900
can be bought in tranches if price retraces towards 580/550 levels can be averaged
Lupin Long WCB 1120After a huge sell-off, it has formed an IHNS pattern. Weekly closing above 1120 levels and room would be open for 1500+ levels
WIPRO price analysis on 15 mins chartWipro is sustaining above 200ema and it has formed not one but two trend reversal patterns called INVERSE HEAD N SHOULDER , the other one called CUP N HANDLE. Both of these pattern are trend reversal price action pattern. Targets mentioned on charts. Trade at your own risk. Trade safe.
