TVS MOTOR INV HEAD & SHOULDER BREAKOUT & RETEST STRATEGY TVS MOTOR CO
1. Inv Head & Shoulder Pattern
2. Breakout & retest strategy
3. Close within 52W high zone (2313.45)
4. Close above the previous day's high (2238.80)
5. High increase in 1 month (+9.6%)
6. High increase in 12 months (+72.3%)
7. Promoter holding 50.27 %
8. Pledged percentage 0.00 %
9. Change in Prom Hold 0.00%
10. FII holding 20.8 %
11. Chg in FII Hold 1.56 %
12. DII holding 20.3%
13. Chg in DII Hold -1.53%
14. Stock PE 63.4
15. Industry PE 63.4
16. ROCE 18.8%
17. ROE 27.4%
For Educational Purpose Only
Invertedheadandshoulder
Retested Weekly BO in MASTEK LTD MNC A Inverted Head & Shoulder Chart Pattern Breakout retested on the Weekly Time frame of NSE:MASTEK
Price Action supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the level mentioned on the chart.
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer:- This is for Education purpose only
IRCTC Analysis (Head and Shoulders)! NSE:IRCTC ANALYSIS!
IRCTC Analysis on a daily Timeframe!
Descending Triangle Pattern Formation, Breakout and Retesting on a Weekly Timeframe!
Inverted Head and Shoulder Pattern Formation, Breakout and Retesting on a Daily Timeframe!
Bullish RSI Divergence in IRCTC!
Trend Reversal in IRCTC!
IRCTC has made Descending Triangle Pattern on weekly Timeframe , and it has given a breakout to its resistance trendline and retested its support level. If we reduce timeframe to Daily timeframe, then we can see the clear INVERTED HEAD AND SHOULDERS PATTERN at the bottom. We can see previous trend is Downtrend. If we combine RSI analysis with it, then we can see a Bullish RSI Divergence. After the bullish divergence the trend has been changed from Downtrend to an Uptrend. After that RSI and Price both are trending Upwards. This is a clear indication of the bullishness. I have extended neckline and support trendline both may act as a Support Trendlines.
Rest of all Analysis is on the chart itself and I have marked all the important levels with price do study thoroughly.
Thank You!
Important Note= Please have a look on my previous IRCTC Analysis which is based on Weekly Analysis.
Entry = Current levels are considered to be a good buy.
Stop Loss = Below 615.50
Targets = 1) 661.50 2) 66490 3) 711.55
Disclaimer = All my analysis is for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
GUJARATPOLY Analysis(H&S Pattern)! BSE:GUJARATPOLY Analysis!
Inverted Head and Shoulders Pattern Formation in GUJARATPOLY on Daily Timeframe!
Inverted Head and Shoulders Pattern Breakout in GUJARATPOLY!
Trend Reversal in GUJARATPOLY!
GUJARATPOLY has made INVERTED HEAD AND SHOULDERS PATTERN on a daily timeframe. We can see the price was moving in Falling Parallel Channel . Price has given breakout to the channel on 11 May but it hasn't sustained so we can considered it as a Fakeout . Again prive has given breakout to the channel on 29 May and it has sustained. Also given breakout to the Neackline but we have experienced a selling pressure around it's necklevel.
Entry = Aggressive investors can buy at current levels, Conservative investors can wait for small retest.
Stop Loss = Below 37.40
Targets = 1) 49.70 2) 56.99 3) 65.01
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
PSUBNKBEES | Investment on ETF opportunity | Potential for 60%PSUBNKBEES | Investment on ETF opportunity INHS pattern with good breakout above previous supply zone - Looks potential for 60%
CMP : 31 (Dip : 21)
SL : 25
Target : 45, 48
Since it is Index it could be a safe bet and low volatile.
Thanks to @Ananthan21 for bringing to notice :)
L&T - Inverted Head & Shoulder breakout🔴DISCLAIMER
***** 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 its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
#MARUTI #Breakout #Head&Shoulder ~ Positional Trading SetupMaruti Suzuki Ind : Positional Trading Setup
Maruti Inverted Head & Shoulder Breakout with good volume.
Trading above 50 DMA & Resistance Zone.
Looks bullish above 7600-7650
Keep Stop Loss below 7230
Possible Targets:
T1: 7900
T2: 8300
T3: 8650
T4 : 8950
Also, do check the below related ideas for other stocks 👇
DFL Intraday Breakout on 15 MinutesPossibility 1:
As it seems to look like Inverted Head and Shoulder with Double Bottom. Why Double Bottom? As we can see consolidation after 12:15 PM, and ATR is also quite Weak. It might go down for previous Bottom of the chart. Then it will go up to test the Resistance 335.60 and come back to 335.60 and then will all power it'll break all the Resistance for the Ultimate Target of 342.50.
Possibility 2:
It will simple go up, and if it breaks the resistance between 335.60 to 336.60 for the target 342.50.
ONGC Inverted Head and Shoulder As you can see it has created a beautiful Inverted Head and Shoulder Pattern n.
The Rules are from the center of the head to center of the shoulder there should be at least 7 to 8 candles.
After creating the first shoulder, Price Touches the neckline let's take that point as A and the bottom of the head as Point B.
When finally after creating an inverted head and shoulder pattern the price crosses the neckline and closes above it and creates a new candle there that's the point to buy and draw a line from point a to point b and place it above the neckline and there you get your Target Price.
Next to Inverted Head and Shoulder Pattern, it has created Double Top. See if you can find or let me know below.
Coal India - Inverted Head and Shoulder patternCoal 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 :)
WABAG - Inverted head and shoulders & Cup and Handle patVA 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 your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
Sterlite Technologies - Inverted Head and Shoulders patternSterlite Technologies Weekly chart shows Inverted Head and Shoulders pattern. There is breakout seen. Can buy at cmp with a stop loss of 171. Or can wait for some correction and buy in dips. Can go long with trailing stop loss for the technical target of 286.
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 :)
Endurance Technologies - Inverted Head and shoulder patternEndurance Technologies weekly chart shows inverted Head and shoulder pattern. Buy at cmp with a SL of 1149 or accumulate in dips. Can go long with trailing stop loss for the technical target of 1798.
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 :)
TATA Power - Inverted Head and Shoulder patternTATA Power weekly chart shows Inverted Head and shoulder pattern. Can buy in dips for the target of 96. Breakout is clearly visible. I bought at 58 during the inverted head and shoulder formation. I missed publishing this idea. I would suggest to wait for some correction or buy later if it comes at retesting zone.
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 :)
Rashtriya Chemicals & Fertilizers Ltd(RCF)-Inverted H&SRCF weekly chart shows inverted Head and shoulder pattern. Can buy once weekly closing is above 55 for up move i.e. wait for the breakout. Can buy at cmp and can accumulate in dips.
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 :)