There 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
S 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...
Pharma 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.
One can intitate long position in SBICARD with minimum target of 1083
""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.
BUY :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...
SL 316 TP1 433 TP2 512 TP3 655
Keeping SL of 900 (right shoulder) , one should go long on SBI card for target area of 1020/1040/1070
stocks looks good above 1148 TL and C&H BO SL and target mentioned by red lines educational idea trade with risk management
Breakout 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
After a huge sell-off, it has formed an IHNS pattern. Weekly closing above 1120 levels and room would be open for 1500+ levels
levels and stop loss mentioned
Wipro 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.
Today we seen GMDCLTD trying to give breakout inverse head and shoulder pattern with higher buying volume. Expected it will successfully breakout this pattern and reach its projected target 65+ in upcoming trading session. We seen buying volume from 57 level so we can place our nearest stop loss at 57. By risk management this trade have a potential to give nearly...
Tatamotors looking to continue uptrend after a correction in form inverse head and shoulders. We are looking at the target of 325 / 345++. Nifty should support this move by breaking major resistance of 15000 - 15065. Rsi showings strength and healthy volumes while breakout
NIFTY trying to break a major resistance level of 15000 - 15065 which happens to be a major call writing zone. Inverse head and shoulders will be confirmed after 15000 - 15065 breaks. 14900 marks as a good support as per OI. Target of 15450 can be possible.
Inverse Head & Shoulder Bullish Pattern Looks good Buy above 346 SL 300 Target another 70/80 points positional
on hrly time frame nifty has form inverse head and shoulder pattern with 4 tops around 14800 so the breakout of 14800 will help nifty rally about 650-700 points form here