Invertedheadandshoulders
HFCL 4yr ATH Breakout H&S / Triangle BO (on 45min chart)Moving along with sector.
SL: Depending on your risk appetite: Below Weekly Breakout Candle / 50% of weekly Breakout candle / Below Daily BO Candle.
TGT: After a vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Orient Cement 3yr Inv Head and Shoulder BreakoutHeld up strong when the markets have been in red.
SL: Below Breakout Candle.
TGT: After a vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
AKSHARCHEM - 2YR HEAD AND SHOULDER PATTERN / ASCEND TRIANGLELOOKS VERY STRONG.
SL: Below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Coal India BreakoutCoal India has given multiple breakouts. We can see a trendline, falling channel, horizontal, inverted head and shoulder breakout on weekly charts. Weekly close above 145 can lead it to much higher levels. 1st target would be around 175 odd levels, second target 200 odd and final target of 225 odd levels can be seen. Negation below 123 weekly close.
INVERTED HEAD & SHOULDER IN MOILBUY 157 TO 155
TARGET 215 TO 286
Reason For Buying This Script :
In this script it has formed inverted head & shoulder pattern in monthly , Now it has completed the pattern and waiting for neck line break out conformation .
Once it close above 170 in monthly candle and the next target up to 215 to 289. wait up to May month closing . If it close above 170 good buy.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
Dishman Carbogen - 2yr Cup and Handle BreakoutMoving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Midhani - 1yr Inverted Head and Shoulder Pattern Metals are zooming already. This has shown some volume activity last week.
Watch out for follow up volumes and strong daily closings.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
TV18 setting up for a 3 yr Head and Shoulder BreakoutThe chart is self explanatory. Media sector has been quiet for a while, some activity seen recently.
If momentum builds up, this could give a good breakout.
Inverted Head & Shoulder Chart Pattern Breakout* Two chart pattern completing at the same time ( Inverted Head & Shoulder and Symmetrical Triangle ) High conviction set up .If it made above 200-day moving average gives more confident .
* In daily time frame high volume buying initiated today that gives gives a bullishness sign .
** Before the breakout this stock made a symmetrical triangle pattern and breakout with Significant volume .
Kindly Let us Know if you have any questions.
INVERTED HEAD & SHOULDER IN KRBLBUY 194 TO 171
TARGET 390 TO 514
Reason For Buying This Script :
In this script it has as formed inverted head & shoulder in monthly time frame . And It has taken the support bottom of the neck line.
Once the price close above 294 in monthly candle . And the target is 514 . 294 Neck line has to breakout then only 514 target will be reach.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
GNFC : Bullish Break Inverted Head & ShouldersWe have a clear breakout with good volumes on the weekly chart for GNFC. We can see a trend reversal pattern of Inverted Head and Shoulders on the chart. GNFC brokeout of H&S pattern during the last week of Feb. We can clearly that volumes kept increasing as the pattern developed and finally brokeout of the neckline. GNFC consolidated after the initial breakout for the entire month of march and april and now has given out a fresh weekly breakout. I expect GNFC to continue its upward trend and reach its all time high in next few months, It will likly get additional support from sector tailwinds as agrochemical stocks arecurrently in uptrend. Take an exit only if GNFC closes below 300 on weekly basis.
Gufic Bio 3.5yr Head & Shoulder BreakoutThe last week's Doji candle with heavy volumes
near breakout is a strong indicator that this scrip
is going to blast in the next few days,
as this indicates absorption volume.
Entry: Buy when it starts cleaning out the Doji on the upside.
SL: Below Last week's Doji
Tgt: Wait till it gives a close below the Hourly 20 VWMA (on a daily closing basis)
Chart Of The Year * Stock has given a Inverted H & S Pattern breakout on Monthly chart .
*If we look at the volume part, significant volume activity is witnessed at the time of neckline breakout .
*Price has also trading all the important moving averages.
*Considering all technical evidences we may see good up move in Morepen Lab .
CMP-65.00 RECO-Buy Entry Range-Rs.50.00 - 60.00 Target-95.00/150.00/220.00/280.00 Stop Loss-40.00 closing basis
Duration- 06 to 12 Months.
Thanks for reading and kindly let us know if you have any questions.
Natco Pharma 4 yr BONatco is looking poised for an Inverted H&S Breakout.
We are seeing red candles near BO, but very little down moves (which is a fairly positive signal).
Will move strongly once Pharma sector starts moving up.
Take a test entry and watch out for a strong closing
in the 950-1000 zone, then add to your position.
SL: 865 (on closing basis)