On 23 sept 2022. NSE:KIRLOSBROS gave a breakout of Inverted Head and shoulders and Managed to close above the Neckline on Daily Time frame. ADX above 29 indicating that stock is going to trend soon.
TRADE - Positional trading
BUY - 369 - 372
TARGET - 482
STOP LOSS - 346
HAL after forming IH&S breakout above levels marked on the chart with great volumes. Post this breakout target 1 is now achieved.
Kindly check previous HAL idea posted with all details.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your...
The stocks seem to be breaking out of an inverted head and shoulder pattern on weekly.
Daily may be breaking out a flag pattern after earlier consolidation.
The volumes are above moving average.The trend indicator is in dmi positive bull zones
on all timeframes and trend strength is seen rising on all timeframes.
Momentum also is bullish on all timeframes. With a...
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Coal India weekly chart shows inverted head and shoulders pattern. A weekly breakout is seen in the chart. The technical target is 180.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
VA TECH WABAG weekly chart shows Inverted head and shoulders and cup and handle pattern. Can buy at cmp with a stop loss of 203 or can buy once there is breakout for further up move. Can go long with a trailing stop loss for the technical target of 237.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on...