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Invertedheadandshoulders

Short Term Trading Idea for Power Grid Corp Ltd.Hello everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought an idea which is for power sector leader stock. Yes it is Nifty50 stock, Please check chart aove for 1-hour chart of Power Grid Corp Ltd ., we can see a clear Inverted Head and Shoulders pattern, a bullish reversal formation indicating potential upside movement. The breakout from the neckline has already occurred, with a significant volume spike confirming the strength of the move. This breakout suggests the stock is likely to continue its upward momentum in the short term. For entry, consider buying within the range of 272-267 with a stop loss at 262 . The first target is set at 278 , followed by 286 and a final target of 292 , offering an estimated upside of 8.5% . The strong volume during the breakout adds confidence to this trade, making it a solid short-term opportunity with a good risk-to-reward ratio. Always be mindful of price action around entry points and adjust your strategy accordingly. I have an option trade as well for this strategy: For option buying:- Take 265ce which is trading at 10.15, and keep strictly stop loss at 6.5 and Targets will be 12.25/14.65/17.15++ For Option writing (Sell) with hedging:- Sell 275 pe which is trading at 8.05 and buy 265 pe which is now at 3.75. ( I will suggest you to choose this strategy ) NOTE:- Please strictly follow stop loss,options trading carry huge risk and reward so trade carefully or simply go with cash trade. Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions. If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
NSE:POWERGRIDLong
by TraderRahulPal
CHOLAFIN: Potential for 15-20% Upside AheadThe chart of CHOLAFIN provides delineates critical price thresholds that signify breakout points, along with specific support levels that serve as indicators of where buying interest may manifest. Additionally, the chart highlights regions likely to act as ceiling points for future price ascensions, allowing for informed decisions on entry and exit strategies. Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
NSE:CHOLAFINLong
by NiftyNotions
pel swing trade for 2 monthsChart Pattern: Breakout of Inverted Head & Shoulders Volume: Strong, confirming breakout Risk-Reward Ratio: Favorable Trade Type: Swing trade for 2-3 months Entry Strategy: Buy after breakout confirmation Stop Loss (SL): ₹1050 Target: ₹1570 Monitor volumes and price action to confirm continuation. Adjust stop loss as the trade progresses. #PEL #TechnicalAnalysis #InvertedHeadAndShoulders #BreakoutTrading #SwingTrade #StockMarket #RiskRewardRatio #TradingStrategy
NSE:PELLong
by hunterhunt777
UPL by KRS Charts21st October 2024 / 10:05 AM Why UPL ❓ 1️⃣ UPL is Bullish Stock long term wise with Decent Fundamentals. 📈 2️⃣ Recent March Low seems like Higher Low in bigger picture ✅ 3️⃣ UPL has Formed Inverted H&S and Breakout from it and currently Reversing to Bullish again after Retesting from Prev. Resistance. ↗️ 4️⃣ 1D TF, Bullish Hammer is visible and today also moving strong Upside 🔅 UPL Target 716 Rs with SL of 520 1W Closing Basis
NSE:UPLLong
by KRSCharts
6
Avanti Feeds NSE (Mid to Long Term)Date- 15 March 2024 Time - 10 Am Points to be Noted- 1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far. 3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation. Approx Targets we can see in Chart as per previous resistances and +order block. Close this trade if Price move down and close below 420 on a weekly candle. Thank You!
NSE:AVANTIFEEDLong
by KRSCharts
SIEMENS | Signs of Accumulation Siemens is a global technology company with a diverse range of products and services. Here are some key stats and information about Siemens: Founded: 1847 by Werner von Siemens and Johann Georg Halske. Headquarters: Munich, Germany. Employees: Approximately 300,000 worldwide. Business Segments: Digital Industries: Automation and digitalization in manufacturing. Smart Infrastructure: Electrical equipment and smart building technologies. Mobility: Solutions for rail transportation. Siemens Healthineers: Medical technology and healthcare services. Siemens Financial Services: Financial solutions. Global Presence: Operations in over 200 countries. Sustainability Initiatives: Siemens is committed to sustainability and aims to be carbon neutral by 2030. 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅ Prior uptrend & Rounding Bottom ✅Breakout confirmed ✅Rise in Volume ✅Clear uptrend with HH & HLs sequence ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:SIEMENS
by ReviveTraders
3
BALKRISIND looks good for a swing tradeBalkrishna Industries (BALKRISIND) has shown a strong uptrend in the major trend and has recently formed an inverse head and shoulders pattern during the pullback phase of this uptrend. The neckline of this inverse head and shoulders pattern has been broken, and the stock has also taken support at this neckline, further reinforcing the pattern. These factors together indicate a high potential for an upward move in the near future, suggesting that BALKRISIND could see significant upside.
NSE:BALKRISINDLong
by anuragAnand321
Ramco cements ltd., Looking going; short term investmet; Add this to watchlist and wait for entry.👁️‍🗨️ For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "840". Trade carefully untill ENTRY level. . Entry: 840 / 780 Target: 870-915-1040-1100 sl: 815 (840) / 780 (765) major stoploss / support: 780. . Enter only if market Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer old posted idea attached below.
NSE:RAMCOCEMLong
by TheNuraTrading
1
NLC India:(Ready to shoot up); Take a look; Min 40% RoiHuge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for Breakout & then Daily candle to close above - "281" . If you want to enter now "Go for it with stoploss". . . Enter after Price Breaks "Yellow box" mentioned. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Follow for regular updates.👍
NSE:NLCINDIALong
by TheNuraTrading
Ask auto; Take a look; min 25% Roi; short term; Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for small retracement & daily candle to close above - "381" . . If you are interested in investment now, go for it with proper risk, . . Overall "Ask Automotive" fundamentally good stock. . . Enter after retracement above "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Refer over old posted idea attached below.
NSE:ASKAUTOLTDLong
by TheNuraTrading
Mangalore chemical:(Ready to shoot up); Take a look; Min 50% RoiHuge potential is there. For short term investment ; Leave a " Like If you agree ". 👍 . . Wait for Breakout & then Daily candle to close above - "135" . If you want to enter now "Go for it with stoploss". . . Enter after Price Breaks "Yellow box" mentioned. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency " 💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Follow for regular updates.👍
NSE:MANGCHEFERLong
by TheNuraTrading
5