Invertedheadandshoulders
ESCORTS - No Stop loss Low Risk PickPure price action analysis. With the low risk setup that I see here , I don't think I would need a stop loss.
1,2,3 Pattern on display is the beginning of every great move and when it falls within a pattern of a triangle breakout and retest as well as an inverted Head and Shoulder pattern + a reversal at RSI bottom what else do I need.
Holding with Patience. Don't ask for time frame. Ride the setup and enjoy the journey (slow/fast) to its destination.
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Always keep a stop loss to rescue you out of troubles if not sure and trail the stop loss as the price rises.
Inverted Head and shoulder breakout - BORORENEW🔴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
DMART: Rounding BottomWas going through this DMART chart and luckily enough got to analyse two bullish patterns in a single chart:-
1. Inverted Head and Shoulder
2. Rounded Bottom
If you look at the Inverted Head and Shoulder pattern it hit its target on the upside equal to the depth of the Head and then gave a break out completing the Rounding Bottom Pattern.
CHEMBOND- Stake increase by DII/PromotersMy favourite Inverted Head and Shoulder Pattern is complete in this stock that I've been tracking for quite long.
DIIs have increased heir holding from 0.37% in March Qtr to 0.67% in June Qtr.
Promoters have been increasing their holding every Qtr since at least Sept 2018
The irony is the public holding has been reducing since June 2019 Qtr.
They have been consistently reducing YOY their liabilities and borrowings since March 2014
Net Cash flow has seen a significant positive jump.
Head and Shoulder (Inverted).. Trend reversal Pattern..Inverted Head & shoulder and broken the line..
stock is bullish and looking good for long to the targets given in the charts! 708 & 826
breakout with good volumes, may wait for retest of resistance neckline for entry..
Chart is only for learning purpose only & not recommendation for buy or sell..
GODREJCP | Strong and value stock - Getting ready for 30%GODREJCP | Strong and value stock - Getting ready for 30%
CMP : 736 (We are tracking from 670 zone - ref chart is attached below)
SL : 680
Target : 970
1:7 risk reward setup - Cane take several weeks to reach target as it is weekly candle analysis.
Inverse Head and shoulder reached near pre covid level highIt started its down fall journey with head and shoulder lets see if history repeats other side as well
buy 270 if sustains we may see target of 440 as per pattern in long run in between there are other targets as well
based on resistance. Important is sustaining above 270 which is its january high(pre covid level)