Balkrishna Industries - Inverted Head and ShoulderBalkrishna Industries in going to complete inverted head and shoulder pattern in 1 hrs time frame. Target is 1323 till Monday.
Any suggestions are most welcome
Invertedheadandshoulders
Possible Nifty Move 11 Sep OnwardsNifty index momentum possibility. Left & Head of inverted Head & shoulder pattern on hourly chart looks very neat. Lets see if right shoulder and breakout above neckline happens to confirm chart pattern.
Disclaimer : For education purpose only.
Nifty-Inverted Head and ShouldersNifty will be completing an inverted head and shoulder pattern by Friday or Monday on 1 hr time frame and then may rise to 11700 before Thursday.
Please see the chart for your reference. Any suggestions are most welcome.
Watchout for UBL!!UBL chart showed an inverted Head and Shoulder pattern with a straight neckline at its resistance zone. There was also the formation of Cup and Handle Pattern. Both these patterns are bullish patterns. On 2nd Sept the charts broke out of the patterns with Ultra High Volumes. The stock had a swing and is again trading near its resistance zone. This can be a strong buying position for positional trading
Axis Bank: Potential Inverted Head & Shoulder PatternAxis is forming what appears to be a probable Inverted Head & Shoulders pattern on 30 Mins time frame.
Initiate Long.
Target: 475
Stop Loss: 415
IDFC First Bank-Inverted Head & Shoulders PatternIDFC First Bank is forming an Inverted Head & Shoulders Pattern on 120 Mins Time Frame.
Initiate Long.
Target : 34
Stop Loss : 26
RBL Bank - Inverted Head & Shoulders Pattern RBL Bank has broken out from an Inverted Head & Shoulders Pattern.
Initiate Long.
Target : 220
Stop Loss : 169
MARICO LTDMARICO LTD:- BUY RANGE 350₹-375₹ for Target 400, 450++
Stop-loss:- 320₹ CLBS
Disclaimer:- Breakout with vol. accumulation seen in past days..
MARICO - Looks good The formation here is an inverted Head and Shoulder.
Consolidation near the shoulders on both ends.
The chart is self explanatory.
H&S : Strong reversal indicatorSBIN : close above 197 will lead to 245 levels
stop loss 178
target 245
FSL BOBreak out from INHS & Rising Wedge Pattern
Long entry possible
Might test 45/48/52 Levels
Just for learning purpose
SBIN - INVERTED HEAD AND SHOULDERS ??NSE:SBIN
WAIT FOR THE BREAKOUT...
CAN CAPTURE A GOOD UPMOVE
ONLY FOR EDUCATIONAL PURPOSE
Coal India Long Term Trend line Already Broken.
Inverted head and Shoulder Pattern Forming.
Wait for bReakout
Mindtree - Inverted H&S PtternMindtree is forming a possible inverted H&S Pattern.
Initiate Long.
Target : 944
Stop Loss : 914
Tech Mahindra - Possible Inverted Head and Shoulder PatternTech Mahindra is forming what appears to be an inverted Head and Shoulders pattern.
Initiate long in anticipation of its breakout.
Target : 580
Stop Loss : 495
CAN NIFTY RECLAIM 9500 ? In the 15 MTF, the index seems to be forming an IHS with positive divergence in MACD. A break above the CPZ mentioned can take the index to targets. The view does not hold if the index closes below 9260
POSITIONAL LONG IN BANKBARODA!!(DEC FUT)!!POSITIONAL LONG IN BANKBARODA
VIEW
-EARLY I HAVE MENTIONED IN MY OTHER POST THAT PSU ARE IN DEMAND
-STOCK IS BREAKING OUT OF ROUNDING BOTTOM AND INVERTED HEAD AND SHOULDER PATTERN
-FIRST IT WILL FIND RESISTANCE AT 200-DMA
-IF BREAKS WE ADD MORE
-IF FAILS WE BUY ON PULLACK TO 102-14 LEVELS FOR BIGGER TARGET
TRADE VIEW
DEC FUT
BUY@104.5
STOP@100
TARGET@110
LOT:4500
QTY:2
-THIS IS A MOMENTUM TRADE WE ARE WAITING FOR BREACH OF 200-DMA FOR POSITIONAL TRADE
