Inverted head and shoulders pattern is very common reversal pattern. After a downside or a range bound structure this pattern can be fruitful. Basically the targets are same as the depth of the Head. Head is the middle portion followed by a shoulder on each side. There is a neckline connecting all the points. Here the neckline comes around 180. The stock made a...
careerp cmp 167 dwnside 160 upside 177 200 all education purpose only
Price is in this channel pattern from April 2020. Looks like this time it will give a breakout. Good stock to keep in radar.
Chart -> Career Point Daily The stock has formed a beautiful cup and handle, and today gave a breakout with volume. CMP: 161.50 Targets: 186.50 and 210.5 Good range: Around 150.50 SL: 140.50 daily close 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...
more than 3 rejections on the downward trendline probably breakout if nifty supports
Long position in career point. Good Risk to reward ratio.
This scrip is expectex to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all.
SL, target mentioned. Enter with some amount now and enter more at retest. If breakout is successful then good upside possible.
All charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
#CAREERPOINT CAN BE BOUGHT ON BREAKOUT ABOVE 180 CLOSING ON DAILY TF WITH SL 115 ON WEEKLY CLBS FOR TARGET OF 270-75 ZONE PURE POSITIONAL TRADE
RSI above 50 MACD about to cross Supertrend positive
CAREERPOINT is at 0.618 retracement levels and is looking good to cross it for 175 level and beyond.
I will buy CAREERP because : It has been taking support at the trend line . It has touched the support. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 158/161 Target : 185/191 Stop loss : 151
Look fresh in range 150-160 for upside 180/200 med term with SL 130..!!
Career point looks bullish as it is getting support from the trendline. #positional Buy career point at 173 Tgt: 194, 231, 270+ Sl: 155 Timeframe: 3-4 months