Coti is showing cup with handle or you can see a inverted head and shoulder pattern may rise upto 81% from its initial value !!! Let's see support and resistance are marked on the chart !!
On the Weekly time frame, AFFLE has corrected to its last level of retracement, is taking support from its long trend line and now has a Hidden Divergence in place for it to move upwards.
On the 1 Hour chart as well, it is breaking out of its trend line with an Inverted Head and Shoulder pattern along with a Hidden Divergence.
This week should mark the...
Godrej Properties gave a breakout of the Inverted Head and Shoulder pattern on the daily chart as predicted in my previous analysis. It is important to notice that the breakout came with a spike in volume.
Target 1: 250-260 points
Target 2: 370-390 points
On the lower side, the 1560-1620 level will act as a support for the price.
The previous analysis link is...
after yesterday's correction or bear claw of 7-10 percent fall,
ETH managed to sustain over 2750-3000 price range
RSI divergence on first shoulder and head point
Neckline of 3100 if it broken out we can target it for 3200-3400
EXPLANATION: This is a 1hr timeframe chart of ZEEL. The stock has been in a downtrend for days and has formed an inverted head and shoulders pattern. The stock gave a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on this stock for the coming days as the Media sector also seems bullish. I am expecting a target of...
In process of Inverted Head & Should Pattern formation (Right Shoulder pending).
Resistance around 1.7.
Looking good to be accumulated at current levels. Breakout above 1.7, may give a good move beyond.
Watch out for it!!
Axis bank chart shows a breakout from a triangle pattern.
I'm not a fan of banking stocks for short-term trades. But, technically this script shows a clear breakout. This script also forms an inverted head and shoulder pattern with a neck line at 800.
760-770 level should act as a support. Long-term investors interested in this stock can start buying and add...
Hdfcbank in 1hr timeframe make a inverted head and shoulder pattern, and also stock breaked neck line retest, buy aafter bullish candle confirmation...
So here I found one amazing bullish pattern and kind of inverted head and shoulders we can see over here the crypto currencies are going bullish so According to me we can enter in this trade after breakout of my trendline.
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Inverted head and Shoulder Pattern on the weekly chart.
The stock has been taking resistance at 2 major trend lines. Going forward also, these resistances will be profit booking areas.
A huge accumulation of smart money + good results suggests this stock can go big.
Q1 FY2021-22 Q4 FY20-21
Total Income ₹ 508.77 crs ₹ 445.82 crs Up 14.12%
Net...
It is a 1hr Time frame chart.
Intraday/Swing call to its IPO resistance.
An inverted Head and Shoulder pattern seen and the it is time to ride this pattern.
🔴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...
