Invertedheadandshoulders
Power is backHBL Power systems looking attractive at this point.
Inverted H&S breakout is been observed with very good volume. Close above 105 which was previous high is a positive sign for stock to further rally.
It will be good to accumulate if stock comes around 105 range with targets given on the charts.
#Disclaimer:-View shared is for educational purposes only. Kindly study on your own before making any trading or investment decisions.
Inverted Head and Shoulders Breakout in KIRLOSBROSOn 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
india cements can give multi year breakoutfor exit or stop loss hekinashi would be preferable as better we follow trend ,we can see how price acted in previous years and now price is over 200 dma where the bull run takes place if all time high is broken stock can move further higher
and intresting fact is damani owns around 22 - 24% and can open offer anytime and this is under valued company compared to other cement companies
& india cements current owner actually take over the company in the psat from another promoter , so this time may be damani take overs this
Bajaj Finserv Very bullish BreakOut & Retesting DoneNSE:BAJAJFINSV given very Bullish Inverted Head & Shoulder BreakOut....
All the Detaiils are mentioned in the Chart....
STOPLOSS HOULD BE FOLLOWED ON DAILY CLOSSING BASIS.
This is not a recomendation...... This is only for educational perpose
Just to appriciate my effort please boost the post.
Thanks
hindpetro analysis BULLISH MODEhi traders.,
1.hindpetro inverted h&s pattern breakout in day chart.., its formed in bottom of the channel
2. also long term its traded in channel ..,as per channel rule it has to come top of the channel., so we got a double conformation..,
3. over all bullish mode stop below 240 ( buy around 245- 250 )
first target 270 -275 and next target around 280 -285
target period 15 days
4.strong bullish close on weekly chart.., also today they declare result hope it will boom on monday .
Probable Inverted Head & Shoulder Breakout in AArti IndustriesProbable candidate for Bullish Inverted Head & Shoulder Breakout in NSE:AARTIIND for reward of around 140 rs.
one can look into it to make a bullish position once the stock NSE:AARTIIND closed above the neck line.
I will update the entry, target and stoploss once the breakout completed
Channel Bo in Exide Industries daily?Channel breakout in Exide Industries
Stock has broken its previous major resistance with significant volume.
Also, we can observe a Inverted Head and shoulder breakout in hourly time frame. For further strong momentum in the stock, price has to close above 174 in daily chart.
Price between 165-170 is a good range to enter the trade. Stop loss can be placed at 149.
This is just a view, not recommendation to trade. Do your own analysis before taking any trade.
NSE:EXIDEIND