positional buy towards level 500 keeping 480-85 as stop based on triangle and resistance neck line breakout disclaimer - personal view
TechM Head and shoulder pattern spotted on 2 hour chart. Short at cmp 984 or below Neckline is 988 First Target 943 Second Target 900 (Ideally should be achieved within 6 days) Good breakout for Head and shoulder with RSI below 40 now and recent MACD sell signal ,best time to short!!!
disclaimer - for study purpose only
Stock has given clear inverse head and shoulders pattern breakout over the levels of 400 on the weekly charts and has confirmed it with the following bullish candles. Stock can definitely be accumulated for a good long position on the lower levels with the stop-loss of 400 for the targets of 600.
breaking neck line of ascending triangle opening room for script to touch 105 + disclaimer - for study purpose only BELOW ATTACHED OLD IDEA POST FOR REFERENCE
BUY ON BREAKOUT OF > NECKLINE BREAK OF INVERSE HEAD N SHOULDER PATTERN > RESISTANCE LINE BREAK disclaimer - for study purpose only
It gave Neckline Breakout, of Inverted Head & Shoulder Pattern. It looks good above 1410, Possible Target 1450, and 1520 Educational Purpose Only.
sale near 174 for target 170-69 view negates above 176.5 disclaimer - for study purpose only
Rounding pattern formation Lead to a bullish rally Later on breaking of neckline All follow up candles touched neckline Interesting note is last 3 day candles Almost DOJI candles back to back These makes it curious for a reversal and start of downtrend below neckline Sale wud trigger around 104-103 with so 108 disclaimer join your study to take trade
BUY ABOVE 13020 WITH STOP 12933 T1 - 13080 T2 - 13135 T3 - 13160 REASON - CUP AND HANDLE + INVERTED HEAD & SHOULDER PATTER HAVING COMMON NECKLINE BASED ON NECKLINE BREAK CONCEPT ABOVE TRADE CAN BE INITIATED ALSO LOOKING INTO OPEN INTEREST ANALYSIS :- MAX PAIN @ 13000 SUPPORT LEVELS - 12900 & 12800 RESISTANCE LEVELS - 13100 & 13200 RANGE BECOMES - 12800 TO...
DETAILS GIVEN THE IDEA POST PING / COMMENT FOR FURTHER DISCUSSION
SMALLER TIME FRAME SHOWS CUP & HANDLE PATTERN 2 ROUNDING PATTERN NECKLINE OF WHICH IS RIGHT NOW BROKEN DOES THIS LEAD US TO NEW LOW FOR THE DAY ? BELOW ATTACHED HIGHER TIME FRAME IDEA POST
PLEASE CLICK THE IDEA TO SEE REASON FOR BUY SIDE SUGGESTION IN SCRIPT disclaimer - buy @ own risk.
Can Go Long Between 400 to 410 For targets of : 445 485 520
H&S pattern. Took support of bottom line of H&S and rose with good volumes. Neckline breakout happened yesterday when price crosses above 49 rs levels with good buying pressure coming in. Immediate targets would be 54-55... If crosses the zone 66-67 on the cards.
IF BREAK THAT TREND LINE SELL BECAUSE IT'S MAKING HEAD AND SHOULDER. SELL BELOW 915 AND DON'T SELL BEFORE 915 OTHERWISE S.L HIT.
USDJPY has formed a classic inverted head and shoulder pattern on a daily basis. The prices are trading very close to the neckline and we might see a breakout soon. furthermore, the weekly chart has formed a bullish engulfing pattern as well that supports the bullish argument. Like always, the price can take two paths, the first one is highlighted by the blue...
GBPUSD is a good sell right now as there are a number of patterns that point towards the southward trajectory of the pair. The pair initially went above the broadening channel, but later on reverted back with a head and shoulder pattern (blue shaded area) which make bears on the winning side, with the target of testing the lower trend line of the channel at...