Broke long term trendline
forming inverted head and shoulder pattern
perfect restest done
very good stock for portfolio above 64
target 1 can be near 80
second target can be psychological level 100
NSE:LUPIN
As long as the stock trades above 1050 it can head higher towards 1120/1140 in coming days.
It has given a breakout of inverted head & shoulder pattern and has now come to re-test the structure making it an ideal time for entry with good RR
All ideas shared are for educational purposes.
Inverted head ans shoulders pattern is observed in PNB. Also, PNB is trading above all important moving average.
Do you think it will rally once it crosses 36.5?
CMP : 184.60
SL : 160
Target : 300
RSI bullish divergence in Weekly time frame and consolidating nicely inside the range
Expecting a big move in a 6-8 weeks time
Inverted Head & Shoulder Pattern in the bottom (Daily time frame) that is very powerful in the bottom
Inverted Head & Shoulder pattern in EURUSD pair,
has the potential to reach 1.21200 area, safe to enter the trade
But it has to break the Resistance @ 1.20600
enter after break 1.20600 area..
continuation update
as we see there is
inverted head and shoulder pattern
based on which
next possible positional target
can be near 640 +
disclaimer - trade @ own risk
old post for reference
NSE:BHEL
Date:07-FEB-2021.
Script: #BHEL
Technical: INHS & TRENDLINE BREAKOUT
Current Market Price: 43.55
Potential Breakout: Above 45
Setup: We can expect #BHEL to show some sign of Up move above 45 as per the Pattern. Do mark these levels as alerts in your System. And we are going to witness the Power of Pattern. Targets may be 55/61 and above.
