inverted head and shoulderinverted head and shoulder at bottom is sign for trend reversal for fluorochem
given breakout for inverted head & shoulder
Invertedheadandshoulders
MRPL Daily looking bullishMRPL Daily has trendline breakout with 200 ema support on daily candle. It has inverted head n shoulder breakout. Good to buy at 62 with target of 74 sl below 54
SGX NIFTY- Above 18k Inverted H&S Breakout!Attached: SGX NIFTY Daily Live Market Chart as of 27th April 2023
Price has put in a Clean Inverted Head & Shoulders Breakout signaling further Upside from here and BULLs in the Driver Seat!
I have used Fib Extension Ratios of
3= 1
3= 1.272
3= 1.618
to get Upside Targets for this Rally
The Inverted Head & Shoulder Measured Pattern Target comes at Target 2 in the Chart which is approx. 18950
On a Further Note, Price has also cleared all the Overhead Supply in the form of Anchored VWAPs and so the Path is Clear for SGX NIFTY to rocket upwards!
Stop Loss/ View Invalidates below 17600
Patel Engineering looking bullishPatel Engineering daily has trendline breakout/ Inverted head n shoulder breakout. Good to buy at 19.90 for target of 26 with sl below 18
PI Industries- Squeeze BUY!Attached: PIIND Daily Chart as of 21st April 2023
Price has given a Squeeze Release Buy Signal
+ an Inverted Head & Shoulder Breakout Buy Signal as well
Markings on Chart are SELF EXPLANATORY ^
Levels:
Buy at Current Market Price ~ 3189
Stop Loss < 3112
Upside Target= 3400
NIFTY | Anybody rab dikhta hum?NIFTY | Anybody rab dikhta hum?
CMP : 17030
SL : 16950
Expecting the gap to be sealed
AXISBANK | INHS setup - Looks easily potential for 12-15%AXISBANK | INHS setup - Looks easily potential for 12-15%
CMP : 864 (Dip : 850)
SL : 810
Target : 950
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading book
#POLYMED #SHORTTERM #SWING #NSEFlag Pattern on Weekly time Frame.
Breakout was witnessed and it was followed up by a retest which is always a good sign.
An Inverted Head and Shoulder Pattern can also be seen with the right shoulder in progress marching towards the neckline.
MACD structure also looks very positive.
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
RHI - Invertered Head and ShoulderRHI Magnesita is in uptrend forming Higher High and Higher Low in longer time frame.
Price has revered from important and Golden Ratio of Fibonacci - 50 and 61.8.
In shorter time frame it formed Inverted Head and shoulder chart pattern which indicate that price will continue their uptrend in shorter to mid term trend.
If price pierce the neckline above 645 then one can initiate a long position with SL 637 and Target of 740, 820 and 900.
GPPL Daily looking bullishGPPL Daily has trendline breakout/inverted head n shoulder breakout. Good to buy at 108-109 range for target of 124,175 with sl below 105
TRIVENI TURBINE Hourly looking bullishTRIVENI TURBINE Hourly chart has inverted head n shoulder breakout/trendline breakout.
Good to buy at 323 for target of 401 with sl below 302
intraday
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intraday kotakboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intraday, swing, short term; min 70% returns, manapuram fin, head and shoulders + flag pattern is formed
midcap and smallcap stocks are going to boom
intraday opportunity is less, but for two to three days of holding is good
for long term investment
.
.
.
.
.reffer my old analysis attached below
intraday, swing, short termFundamentally earnings also good
dividend also provided
for long term investment
reffer my old analysis attached below
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
SWING TRADE NMDCReasons for taking this trade:-
1) inverted head and shoulder breakout
2)200 ema breakout
3) 1day timeframe bear trap
4) High volumes
wait for retest
enter on 30min bullish candle
target - 130 and 137
follow risk management
TCS Daily looking bullishTCS Daily has inverted head and shoulder breakout. Good to buy at 3529 for target of 4043 with sl below 3436
Ramco cement long for target of 950Trying to form inverted head and shoulder pattern on weekly charts. Once the pattern completes around 800, long for target of 950 and above. Look for volume with breakout.
HEROMOTOCO Ready for Bulls Ride ??!!!!Chart patterns convincing me to post the above titled opinion
REASONS
1. HEROMOTOCO has been trading inside a Expanding Triangular Pattern by Taking support & resistance at respective levels
2. Currently, it is going through the up swing move inside the pattern
3. 2022 November Monthly candle seems to be an INDICATION for RACING BULLS ARRIVAL(with high tested)
4. No other Auto stock gave such a Bullish November candle
5. The same November candle broke and closed above the WHITE trendline with Volume SUPPORT!!!
6. Inverted Head & Shoulders pattern formed, Same November candle seems to be the breakout candle again!!!
7. Big move can be expected in the coming days.... (Probability looks more for the upside!!)
8. Target & SL levels mentioned @ chart
9. HEROMOTOCO composes 5.97% WIEGHTAGE in NiftyAuto index and 0.47% in Nifty50 index !!!
Monthly chart close look below
DAILY TIME FRAME BELOW
Let's wait and watch how it moves!!!!
Note - Just sharing my view....not a tip nor advice!!!!
Multiple indication of reversal in Nifty !!!A very strong reversal pattern is visible in nifty intraday charts
i.e. Inverted head and shoulder which indicates that the fall is over
for now and we could see a sweet reversal.
Also, nifty is taking support around the golden 0.618 retracement level which
coincides with 200DEMA.
Reverse Divergence is visible on RSI indicating a fall in the strength of bears.
Yesterday's data also indicates a short covering along with a gap up
probability.
