View on NTPC #1 hour ChartShorting and buying opportunity in NTPC....
Head and shoulder and a Harmonic ABCD has formed...
Shorting - Sell only if price closes below 96.40 Target 1 - 93.40 target 2 - 91.80 Target 3 - 89.05
Long - Buy Between 88 - 89.05
can hold for the target of 96 and 100...
Share your views in comments...
Inverse Head and Shoulders
ITC INHS FormationDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
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Inverse Head and Shoulders Breakout point 213.5 expected target 230-35 Stop loss 208.5
BIG BREAKOUT IF CLOSES ABOVE 121, KEEP A CLOSE WATCH!!Stock has struggled to sustain over the levels of 120, once it gives a comfortable closing above these levels then stock can surge to really big levels from here. Keep an aye on its movement. Positions can be made above 122 with the stop-loss and targets mentioned on the charts.
Inverse head and Shoulder pattern in DABUR for target of 534+Bullish inverse head and shoulder pattern in Dabur and this will breakout above 515. If breakout happened it will ready to target of 534+ in 1-2 trading session. After breakout possible, it will show some breakout correction from 519 to breakout level. Breakout level becomes support after the breakout and it will bounce back towards the target from 515 to 534+.
The good entry point for this trade is at 515 but if want to wait for correction then can take entry above 519 after correction.
Possible Trade:
Buy DABUR above 515
Stop-loss - 508
Target 534+
BEL - Inverse Head & Shoulders. The stock has been on a downtrend since 2017.
It has formed Inverse Head & Shoulders which is a very strong bullish reversal pattern. BEL should sail smoothly once it crosses the level of 124.
Duration is long since it's a weekly timeframe analysis.
Target should be - 145 and then 170.
Note - Feel free to give any advice regarding this analysis down in the comments section.
Disclaimer - Please do not take trades according to this analysis and do your due diligence before entering into this. This is just for educational purposes and not to be considered as a tip.
SIEMENS Long Idea1.SIEMENS bounced from Support Zone and currently facing resistance at the price zone 1553-1557 Levels
2.Stock is also making Inv H&S
3.It is also near Trendline Breakout
Must have it in your watchlist for coming days.
Crossing 1560 level can initiate a Good upside move
View negates below 1515 level