Risk takers buy:- 1604 T0-1629 T1-1672-1747 T2-1822-1832 Non risk takers buy :- 1672 T0-1816 T1 -1832 Stop loss :- 1550/PAID Holding period 1-2 WEEKS
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...
∘ Inverted Head & Shoulder Pattern ∘ Bank sector moves Improving to Leading ( RRG )
This is simply an educational video, starting from the basis of entry till the exit point of one really good setup based only on price action and price reading
The Inverted Head and Shoulder Pattern with a long resistance. What else do I need? Ride the Pattern without asking the time frame.
Simple price action analysis. Riding the trend after spotting my favourite pattern.
As per my finding, I feel once the green candle touches resistance it will go up. An hourly retest has been done. By Friday we can expect a green candle to settle above resistance.
Pure 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....
Hindustan Unilever formed an Inverted Head and Shoulder pattern on 15 Minute chart.
An Inverted Head and Shoulder pattern is in the making. Looking to ride the 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...
I like this setup. It might take some time to get there but the setup is what I focus on and not the time. When markets seem overbought , time to look for good stocks with good pattern.
Awaiting a breakout from the Flag Pattern which is most likely with a Bullish Hidden Divergence. On the larger picture is my favourite Inverted Head and Shoulder pattern. RSI at attractive levels.
After a long uptrend VEDL is in a correction for a decent period and has formed an Inverted Head and Shoulder pattern. Keeping an eye on it, waiting for breakout with high volume and rsi to show some strength and super trend to give buy signal.
Was 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.
Head and Shoulder (Inverted).. Trend reversal pattern.. Breakout with Good volume.. T1, T2 & T3 expected. Not a recommendation for buy or sell. Just for learning purpose..