Invertedheadandshoulders
2 good trades and Index Ideas for 26 Aug I daily make educational content videos on Financial markets
IBREALEST Daily looking BullishIBREALEST Daily Inverted Head n Shoulder BO with retest of neck line. Good to buy at 80 for target of 97 with SL of 73.
Parag Milk Daily looking bullishParag Milk Daily long term trendline BO happened.. Now its a inverted head n sholder BO with good retest of neck line. Daily candle having support of 200 ema.
Good to buy at 104 for target of 147 with sl of 94
Confipet Daily looking bullishConfipet Daily having Inv head n shoulder BO on daily chart, 200 ema support on daily chart.
Good to buy half qty at 63 for target of 73 , add half qty when retracement near 58-60 levels.
SL 56
TLBO on Indoamin Daily chartTLBO on Indoamin Daily chart.. Good volumn, 200 ema support .. RR is not that good. Can buy half of the qty at 137 for target of 182 , half qty can be bought at retracement of 110-120 levels, SL is 109
2 Good trades and Index Ideas for 19 August Markets I daily make educational content videos on Financial markets
HCLTECH | INHS Formation + RSI breakout -Looks potential for 16%HCLTECH | INHS Formation + RSI breakout - Looks potential for 16%
CMP : 1170
SL : 1120
Target : 1360
Almost 1:4 risk reward setup
1 Good trade and Index Ideas for 17 August Market I daily make educational content videos for financial markets
ICICIGI |INHS + Trendline breakout - Looks potential for 15-30%ICICIGI |INHS + Trendline breakout - Looks potential for 15-30%
CMP : 1296 (Dip : 1260)
SL : 1200
Target : 1460, 1650
1:3 risk reward setup for first target (From dip)
BAJAJ FINSERV LTD_INVERTED H&SBAJAJ FINSERV LTD seems Inverted Head & Shoulder Breakout. If price sustain above 12257 in daily chart, It will reach mentioned targets upcoming days.
STATE BANK OF INDIA _BREAKOUT INVERTED H&SSBI seems clear breakout in daily chart. Its look like a Inverted H&S, neckline breakout happened. keep concentrate for the upcoming mentioned targets.
long term investment; min 70% return; inverted head and shoulderinverted head and shoulder is formed in weekly chart
wait for event of this script
incase earnings is positive and candle close above 760 then go for it,
untill then wait for news
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout.
BPCL Inverted Head and shoulders !!BPCL is forming a beautiful Inverted head and shoulders pattern at its low and with its earnings coming up on 12th august, it makes a strong long contender.
It takes support on the 50EMA and a break above the neckline on above average volume initiates the trade with long targets of
T1 at 371.20 and T2 at 394.45
Risk To Reward od 1:2
Stop loss below the 50EMA
High Volume cues and favourable risk to reward
Keep It Simple
Irctc Head & shoulderIrctc buy above 639 target 690.
Because - Invert Head&Shoulder form
- High Volume Comes
LONG INFY if closes above 1545 Inverted head and shoulderNIFTY IT seems to give range breakout and infy is forming an inverted head and shoulder. Lets see where it goes
NIFTY UPCOMING JOURNEY PREDICTION 20-07-22DRAWINGS IN THE CHART
Showing NIFTY CURRENT PICTURE, the Head and Shoulder Pattern.
NIFTY BIG PICTURE drawing is not shown, but dates are mentioned, so you can visualise or draw on your charts as per the dates and levels mentioned.
NIFTY BIG PICTURE
Since 05.05.2022, Nifty is in the process of forming Inverted Head and Shoulder pattern in the hourly chart.
From 05.05.2022 to 03-06-2022, formation of Left Shoulder with its peak placed at 15750.
Its Neckline has been placed at 16800. This level has acted as a support for Nifty in the past.
The current uptrend in Nifty (from 17.06.2022) may push it to 16800, which will complete the Head of the pattern, its Head being placed at 15200.
NIFTY CURRENT PICTURE
Again, price action suggests that Nifty might be in the process of making a Head & Shoulder pattern from 20.07.2022. Currently it is forming the Left Shoulder with its peak placed at 16588.
Its Neckline might be at 16400. This level has acted as a crucial support for Nifty in the past, thus this level being a natural choice for the Neckline.
After touching 16400(Neckline), Nifty might continue its upward journey upto 16800. This will form the peak of the Head of the pattern, and complete the Head of Inverted H&S pattern.
Again, keeping the big picture of Nifty in mind(i.e. Inverted Head & Shoulder pattern), after touching 16800, Nifty may retrace back to the levels of 15900 to 16000. There is a high possibility that the price of Nifty might reverse from here. This level may indicate the peak of the Right Shoulder, again, if and only if, the big picture of Nifty is bullish. If not, then price might go down from here. N.B: 15750 will act as the last defence for the upward journey of Nifty if it breaks 15900, failing which the larger trend of Nifty will become bearish.
In either case, Nifty might go down from 16800.
Investment Strategy
Long: 16400-16800
Short: 16800-16000
Option type: Monthly Option Call & Put.
Happy Trading.
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
MARUTI_INVERTED HEAD & SHOULDERMARUTI seems inverted head & shoulder pattern in weekly chart. If price sustain above 8363 in daily chart, It will move upwards. Refer upcoming targets.
KEC | INHS Breakout - Looks potential for 15%KEC | Inverted Head & Shoulder (INHS) Breakout - Looks potential for 15%
CMP : 420 (Dip : 405)
SL : 390
Target : 465
1:3+ risk reward setup from dip
CIGNITITEC | INHS + Trendline + Supply zone breakout - 30%CIGNITITEC | Breakout above Previous supply + INHS + Trendline - Looks potential for 30%
CMP : 502 (Dip : 490)
SL : 470
Target : 660
1:4+ risk reward setup
BPCL | Good chart setup, looks good for 35% - INHS and TriangleBPCL | Good chart setup, looks good for 35% - INHS and Triangle patterns.
CMP : 400 (Can buy in dip upto 370 in this setup)
SL : 360
Target : 550
Almost 1:10+ risk reward setup (Including dip)
Lets see if we can get the annual cylinder subscription cost from BPCL itself. Wish me good luck 😝
BPCL | INHS + Trendline breakout - Looks potential for 10%BPCL | INHS + Trendline breakout - Looks potential for 10%
CMP : 365
SL : 350
Target : 400
1:3 risk reward setup
MPS LTD Market Cap ₹ 1,245 Cr.
Stock P/E 17
Industry PE 38
Dividend Yield 4.11 %
ROCE 28 %
ROCE3yr avg 22.4 %
ROE 20.8 %
Face Value ₹ 10
Promoter holding 68.3 %
OPM 35.8 %
OPM 5Year 35.6 %
Pledged percentage 0.00 %
