Breakout of Inverted Head & Shoulder completed on Daily Time Frame.
Long Position can be initiated.
Stop Loss for the Long Position will be 475 on Weekly Closing Basis.
Current Price is ~441
Currently trading near support levels.
It is also forming W Pattern after recent down trend and now it may start upside move soon.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: LALPATHLAB
🔍 Description: Stock has given a breakout of Head & Shoulder pattern and now retested the neck line. So its very likely stock will bounce from the neck line and we cann see momentum on the upside !!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Brodening Pattern
📌 Symbol/Asset: OBEROIRLTY
🔍 Description: Stock has given the breakout of pattern. We can see huge upside from here on
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
#prsmjohnsn #flagpattern #breakout
Prism Johnson (Weekly) : Breakout Candidate
>> Short term (1-3 Months)
>> Good Consolidation after a Impulsive Move
>> Flag Structure Visible, Breakout will give Good Upmove
>> Good Weekly Volumes Spurt
>> Good Strength
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis &...
DAILY CHART ANALYSIS OF NSE:MONTECARLO
The Diamond Bottom pattern, also known as the Diamond Reversal pattern , is a technical chart pattern frequently used in technical analysis to identify potential trend reversals in financial markets, such as stocks, forex, and commodities. It is a rare pattern and is considered a reversal pattern, indicating a potential...
A bearish flag pattern can be seen in BN
~ Seller me take control from here but still buyers are trying uphold the price
~ Buyers at 400 & 300 level are taking support if that breaks with momentum candle that a active sellers
~ Also trenline support can make bounce towards days high.
~ Wait n watch for a good oppourtunity to enter.
Note : Do your own analyisi...
"Head and Shoulders Bottom" or "Inverse Head and Shoulders" pattern formation on daily chart of BANDHANBNK.
This pattern is often used by traders to identify potential trend reversals in financial markets, particularly in stocks. The pattern indicates a shift from a downtrend to an uptrend.
Here's a breakdown of the pattern:
Downtrend and Accumulation: ...
