BTCUSDT Technical AnalysisWhen the BTCUSDT 4-hour chart is examined; It is observed that the price movements continue on the trend line with the formation of the Inverse Head and Shoulders Formation. As long as the crypto's level of 55554 is not broken down, it is evaluated that the price movements above the level of 58753 can exceed the level of 65022 and target the level of 69969.
Reverseheadandshoulders
TATASTEEL - Add to WatchlistTata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group. TATA Steel Limited is a diversified steel producer, engaged in the business of steel making, including raw material and finishing operations.
TTM EPS: 1.33
TTM PE: 98.05
P/B: 1.55
Mkt Cap (Rs. Cr.): 159,368
Dividend Yield: 2.76
Sector PE: 18.38
Book Value Per Share: 84.35
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Near 52 Week High
Some Negatives:
MFs decreased their shareholding last quarter
Degrowth in Revenue and Profit
Decline in Net Profit with falling Profit Margin (QoQ)
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Low Piotroski Score : Companies with weak financials
Declining Net Cash Flow : Companies not able to generate net cash
Major fall in TTM Net Profit
Fall in Quarterly Revenue and Net Profit (YoY)
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
My Opinion: I am positive on Metal stocks in the coming months. Add TATASTEEL to your watchlist.
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
Share India: Breakout and Growth Potential.Hello guys I hope you guys are doing great.
I am back again with a short analysis of share India securities LTD.
Chart is self explanatory so, we will keep it to the point. As we can see in weekly timeframe Share India has been consolidating for the past 18 months. Initially, it formed a descending triangle pattern and gave a breakout. Subsequently, it started forming a head and shoulders pattern, and this week it experienced a strong breakout. The company is fundamentally strong. Although it falls under the small-cap category and operates as a stockbroker, it is experiencing significant growth. We could consider a target of 25% with a stop loss set around 18%.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Note: This is for informational purposes only. Do your own research before investing.
WIPRO: Forming Reversed Head & Shoulder PatternWipro is forming a reversed Head & Shoulder Pattern.
#Current Price - 414
#Breakout Price - 425
#Expected Target - 495
#Resistance Based Targets
- Target 1 - 443
- Target 2 - 481
#Support Based Targets
- Target 1 - 414
- Target 2 - 399 (Stop Loss)
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
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MOTHERSON SUMI WRNG: Formed Reversed Head & Shoulder PatternMotherson Sumi Wiring India Ltd has formed reversed Head & Shoulder Pattern.
Can be added around 54-55 with target of 62 and set Stop loss at 52.
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
BEL: Formed Reverse Head & Shoulder PatternBEL has formed reverse Head & Shoulder Pattern and gave breakout.
Can be added around 106-108 with expected target of 120 and set Stop loss at 104.
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
MARUTI : Reverse head and shoulder patternMARUTI : Reverse head and shoulder pattern formed in Maruti.
Stock has closed just below the neckline. It it break's out it can provide the mmove of upto 56%
This head and sholder pattren has taken 66 months for it's formation.
Auto Sector isdoing very good and beating Nifty50 in returns.
Thus this stock can be part of your swing trading watch list.
MOIL - Reverse Head & Shoulder PatternMOIL has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 157-158 with target of 170 and set SL at 153. This gives us risk to reward ration of 1:3.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
CENTRAL BANK: Formed Reverse Head & Shoulder PatternCentral Bank of India has formed Reverse Head & Shoulder Pattern after long down trend.
Can be added at current level between 28 - 29 with target of 33.5 and set Stop loss at 26.
Pattern is forming on hourly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
RCF - Reverse Head & Shoulder PatternRCF has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 110 with target of 125 and set SL at 103. This gives us risk to reward ratio of 2.17.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
BEL - Reverse Head & Shoulder PatternBEL has formed Reverse Head & Shoulder Pattern. Can be added at current level around 104 with target of 112 and set SL at 102. This gives us risk to reward ration of 2.28.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Triple Bottom and Reverse head and shoulderToday Crompton Greaves broke 1 month consolidation range with a Triple Bottom pattern and with a reverse head and shoulder and also resistance. I am expecting a short term profit of 30 points in this trade. I keep my stop loss @ day candle closing below 404.
BTCUSDT - Next possible move (Bullish Pattern)BTCUSDT is making reverse head and shoulder pattern in daily chart which means if you are hodling BTC can now have huge profit as this pattern is bullish pattern. Albeit, Market is being highly volatile and making unexpected moves in shorter time frames but in long term BTC is still bullish W.R.T. Russia- Ukraine war crisis calms down.
TATAMOTORS: Bullish for long termHere I discovered potential buying zone when price moves to complete reverse head and shoulder pattern. After that targets are drawn and after all targets are met, it can go into price discovery mode.
Title sponsors of #IPL will surely pump up all #Tata stocks but #TATAMOTORS will be most advertised one during the IPL. Keep that in mind and take positions.
TAJGVK Hotels swing tradeNSE:TAJGVK Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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HEROMOTOCORP Head & Shoulder Trade Setup (Long)As you can see in the chart there is a strong resistance of 2930,
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In previous trading days stock made head & shoulder pattern and then gave the breakout now again,
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Stock is making head & shoulder so in this condition there is two probability that can happen in this trade.
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1. Share tested three time 2930 levels, now it can be possible that in the next time stock can give the breakout.
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2. HEROMOTOCORP has made shoulder and then head and and then maybe share again make head and then give BREAKOUT.
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What's your view on this comment below in the box.
Reverse Head & Shoulder Pattern in BANK NIFTYBank nifty has formed a Reverse Head & Shoulder Pattern on 1H time frame. It was re-tested again and now moving upwards. Expecting a good bullish movement in future.
You can take Target & SL as per trend analysis which we suggest/teach during our Beginner Module Course. Happy Earning!
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This was just for educational purpose only & not recommending to BUY/SELL of any Script.