KARURVYSYA | INHS pattern with decent support - 130% CMP : 54 SL : 45 Target : 85, 100, 125 KTKBANK & KARURVYSYA having similar setup - Looks like a decent bet with excellent risk reward
KTKBANK | Trading & Investment pick - Looks good for doubling - Near good area of value CMP : 64 (Dip : 60) SL : 54 Target : 125, 150 1:10+ risk reward setup
BHARATFORG | Closing above the strong resistance. Looks good for 40% CMP : 548 (Dip till 520) SL : 500 Target : 685,785 Its weekly chart, may take some time to reach the target. Weeks to months.
Inverted Head and Shoulder Breakout with good round bottom formation.
On the daily charts of MOIL Ltd. a simple Inverted Head Shoulders pattern can be seen!! This is followed by a perfect breakout and then a perfect retrace too!!! Plus, this breakout is also the breakout of 5 year old resistance line!! (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (183) Target 1: 213 Target 2: 238 Target 3: 250-252 STOP LOSS: 173 TRAIL...
Good amount of accumulation seen over the past 1 year. Corrected on low volumes, rose on increasing volumes. The stock is showing strength with the RS crossover. Shot up post earnings, can go much higher on follow through volumes. Auto and Realty Sector might outperform. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle /...
* This made a inverted head & shoulder chart pattern base and breakout with extremely high volume in daily chart and before the breakout of IHS pattern stock also made box pattern . Multiple chart pattern breakout at a time gives more confidence for bullish view .
Bajaj Finance forms Inverted Head & Shoulder Pattern formed . With last 4 candle having Morning Star . Do Trade as per suitability and breakout.
* Inverted Head & Shoulder Chart Pattern breakout with high volume .
Chart is pretty clear and straight here. A simple Inverted Head and Shoulder formation can be seen on the weekly charts of Excel Industries. Further, a good breakout is seen with good volumes and sustainability above the resistance point. In addition, a perfect retrace is seen and buying pressure can be seen in the last candle. The last candle tested the...
An inverted Head and Shoulder pattern can be seen on the weekly charts of LIC HOUSING FIN. A long trade can be taken if it breaks the line and sustains. (OPEN CHART FOR DETAILED VIEW) I would suggest a long swing trade with following levels. Entry: Around 480 on closing basis Target 1: 515-517 Target 2: 550-553 (Weak target, can be broken easily) Target 3: ...
Self Explanatory. Riding the Inverted Head and Shoulder pattern.
Inverted Head and Shoulder in Shalimar Paints. Seems promising once the price breaks out of the supply zone. Trade at a bullish confirmation candle at a retest of the current supply zone.
50% Capital gain opportunity ahead in L&T Finance in next few months.
Wait for activation i.e. Daily candle closing above Rs. 45. (Low risk traders) High risk traders can enter at CMP too. Inverted head and shoulders also spotted, strong bullish signal. Company expected to give a strong quarter as well. Keep in watchlist. NSE:PNB BSE:PNB
GODREJCP is forming Inverted Head & Shoulders and Cup and Handle patterns on the weekly chart. The chart is also showing bullish strength after consuming the selling pressure that since the 12 May Marubozu candle. It appears the stock can breakout from here toward its all time highs of 980.