A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. In this case, we have a conviction of a bearish trend. wait for...
entry,SL,and target is mentioned in the chart Chart perfectly respecting the channel. shows reversal from the support. respecting and taking support @ 200ema personally third time entering throughout this channel.
Risky trade. Will update on entry. High Dividend yield stock. May hold for long term.
buy @382 sl 375 target 390/395/400 for short term
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
It has given closing above 50 SMA. Buy above 394. Only for educational purpose. Kindly contact your financial advisor before entering any trade.
My wave analysis suggest a nice buy for this stock.. It can go up to 420-425 levels from the present levels or more. Do not miss it. IF you like my analysis, please CLICK LIKE BUTTON for more people to see it and trade it. This is not a trade call - just analysis, you are to do trading as per your skill levels.
BUY COCHINSHIP CMP: 376.65 TARGETS: 400/430/480+ SL: 290 3 days-2 months view Good Buying Volume with 3 Windle Pattern two times indicating a sharp movement in upcoming days
COCHINSHIP has given a breakout from Ascending triangle pattern which it has been trading under from the last three months. The target, according to the pattern, is near to the possible 2-year trendline. If it can cross these levels, the next resistance can be High of the previous swing which is around 490 levels. Cheers! This is as per my Analysis. Feel free to...
very good pattern if it breaks the resistance very good move expected.....pl. study yourself before investing positional