Force in Force MotorsChart -> Force Motors Daily
Force Motors has given an inverse head and shoulder with volume pop-up too.
CMP: 1114
Good range: 1060 to 1090
Target: 1200, 1300
SL: 1040 on daily closing
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Trade ideas
Breakout in Force Motors...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Force Motors Inverse head & shoulder breakoutSimple trend reversal pattern identification.
Pattern preceded by Down trend
Pattern location is very important for pattern to workout.
here pattern is formed exactly at the breakout level.
So chances of pattern to work out.
Never follow patterns in isolation, combine other things with it.
Breakout candle is having a wick, so have a cautious approach.
Check BHEL Idea.
How trend reversal double bottom pattern worked out






















