Tata Motors Short term viewPls view chart for details. Chances to go upto target levels. Lets wait and enter above the range
Vijayaraghavan,
Kovilpatti
Inverse Head and Shoulders
V-Guard Mid term viewInv.Head and shoulder formation is going on. If it finished and go above 237 (closing basis) it may reach the target levels. Daily MACD crossover may happen on upcoming days. It will helps to pattern formation and go above 237.
POINTS: 239,241,246.6,248.5,250,259,263,268-273
Vijayaraghavan,
Kovilpatti.
PFC short term viewInverse Head and shoulder pattern formed and daily MACD line crossover may happen on upcoming days. Target mentioned on chart.
Vijayaragavan
Kovilpatti.
CNX Pharma Mid term view from weekly chartIndicators are slowly turns from negative to positive side. Targets mentioned in the chart.
Vijayaraghavan,
Kovilpatti.
In Verge of Inverse Head & Shoulder BreakoutThe stock is forming Inverse Head & Shoulder and is approaching to give breakout. One can put it in their watch list and take timely action accordingly.
SREINFRA,Inverse H & S +Bull Engulf + falling wedge->> go go goNSE:SREINFRA It is trading in a falling wedge pattern and about to breakout upwards.
A valid Inverse Head & shoulders pattern has been formed and also the last two candles form Bullish Engulfing pattern.
Confluence of all these factors suggest for long positions .
Longs may be taken at current levels with tight stoploss below 100 or once it breaks the trendline with stoploss around 97.
We can see targets of 112,125 and 140.
Bank of Baroda Long Inverse Head & ShoulderClearly formed inverse Head & Shoulder pattern is suggesting a long entry. Being a defensive Trader, I would wait for a retest on Neckline which means possibility of missing the trade also as it does not happen always therefore other trader can buy at appropriate level depending upon their risk appetite.
SBIN - Inverse Head and ShouldersInverse head and shoulders pattern is in formation on the daily chart. Target prices are 280, 288 and above in short term. Buying on dips can be more profitable.
Axis Bank - Bullish Inverse Head N ShoulderIt is been observed on the Daily Chart that the price action forming an inverse bullish Head-N-Shoulder pattern indicating a bullish move ahead. It shall perform well once the price action breaks above 500 levels to confirm a breakout of the pattern trendline .
Target: 520
Stoploss: 474
*Kindly note that the trade shall be active once the price action breaks above the 500 levels.
Regards
Inverse Head & Shoulder pattern to Trade!Nicely formed Inverse Head & Shoulder pattern is ready to give breakout. Posting in advance as market seems to have gap up opening and mates can take advantage of it. Those who are following my Action/Reaction learning series can also notice marked AR Set which catches the reversal perfectly.
