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Invertedheadandshoulders

Ultratech Cement: Inverted Head and Shoulder breakout Ultratech Cement ( NSE:ULTRACEMCO ): Inverted H&S in weekly chart Trade Plan: Cash : BUY at CMP. Add more at 6900 Place SL at 6615. Revise the SL at 7350 when share touches 7650. Further, if share breaks out 7800, tighten the SL to 7600. Book long at 8000. Option : 1. Naked Call Buy : Ultratech 7300 Jan-25 call option at 100, with SL:65, T: 150. Lot: 100 shares. (So calculate the risk also if you want Options). 2. Bull Call Spread : BUY 7200 Jan-25 call. SELL7800 Jan-25 call. Breakeven is 100 point upwards with 1:3 RR. Margin: 25k.
NSE:ULTRACEMCOLong
by pradipandsuvra
Dogecoin buy-Inverted head and shoulder formingHappy new year guys,I wish this year we all can fulfill our dreams of becoming successful traders. So Here is another trades for you.Dogecoin is making a bull setup with a inverted head and shoulder pattern in 1h time frame.There is a strong resistance zone in the neckline of the pattern(0.07091-0.07158 level) which dogecoin is trying to break.A breakout candle is already seen in the chart but because of the strong resistance it can reject another 2-3 times.If it breaks,a buy trade can be initiated from here.It may take a retest after reaching the first resistance level(0.07448). So keep an eye on this trade.You may have hold the trade for 1-2 days.Happy trading.
Long
by marketshero
Bullish breakout in NSE PSUBANK Index on weekly chartNSE's PSUBANK index (ticker: CNXPSUBANK) was trading in a long head and shoulders consolidation for two years from mid 2019 to mid 2021. The breakout from inverted H&S happened in Oct'21 after which the index began to consolidate in a bull flag type of formation till Aug'22. The index broke out from this consolidation in Aug, gave a retracement back to the consolidation zone and has now finally broken out of this zone. We are bullish on the NSE PSUBANK index in the coming months with immediate target of 3400 followed by 4000-4200 as a major resistance zone as shown in the chart. Stop loss below Sep'22 low of 2856.
NSE:CNXPSUBANKLong
by vipulmehta817
DVL||06-12-2022||SWING AND SHORT TERMTRADE IDEA: CMP : 282 **GOOD BULLISH FLAG PATTERN** ** I AM NOT SEBI registered advisor please consult financial advisor for your investment. **This is only for educational purpose you can also share your thoughts on the comments ** In this chart, I can see good long run from 92 to 315 **After a very good bull run market try to make a parallel channel** **we can see good inverted head and shoulder pattern in weekly chart inside the parallel channel ** ** The inverted head and shoulder pattern neckline around the 265** Trade can long even from 280-282 to get the all time high of 345-350 FUNDAMENTAL : I saw the stock book value around 600 and stock trading half of its book value keep following We will grow like healthy society.
NSE:DVLLong
by Purushothg19
MINDA CORP LOOKS GOOD FOR SWING AND SHORT TERMthis is my first post hereafter i post good swing and short term stocks before 3:15 ** I AM NOT SEBI registered advisor please consult financial advisor for your investment. **This is only for educational purpose you can also share your thoughts on the comments ** In this chart, I can see good supportive trendline and whenever it hits the line it showing some bullish pattern candle and rises. The Resistance Line was breached with very good candle and Breakout of small INVERTED HEAD & SHOULDER pattern. One can long above 217 to capture those target. keep following We will grow like healthy society.
NSE:MINDACORPLong
by Purushothg19
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