EDELWEISS FIN SERV NSE:​EDELWEISS

the stock is going through a channel so it has to come retrace back and the go down.so lets catch the downfall

After testing support Edlewiss has turned bullish. Support is at 163, target 240

inside bar

hammer formation

The last 8/1 angle support is at 163, if turns positive, target can be 242

Strong support at 170 below that 134 I think headed lower Disc: 1. No vested interest 2. Educational purpose only

Major break down happened on daily chart. Seems all set to go 200 forst then 180. There it should make base by sideways trading before startinh going up again.

H&S target has been achieved. Being a novice would like to have opinions from expert that - whether this pattern qualifies for the classical charting pattern conditions of H&S or not ?

Head & Shoulder Pattern target completed ? Can we have the expert chartist views please.

Please Do Your Own Analysis This is my Personal View

it formed a bullish engulfing in the end of a downtrend chance to be a reversal

Reversal confirmation on intraday charts

Levels mentioned in charts ...

EDELWEISS

Meow Without the cat.... https://www.tradingview.com/x/WqnvxkXi/

Buy with stops near 270 for tgts as indicated

TAKE SOME RISK.. ;)

Short EDELWEISS see chart for details