TechM Head and shoulder pattern spotted on 2 hour chart.
Short at cmp 984 or below
Neckline is 988
First Target 943
Second Target 900 (Ideally should be achieved within 6 days)
Good breakout for Head and shoulder with RSI below 40 now and recent MACD sell signal ,best time to short!!!
Endurance Tech Head and shoulder breakout on a weekly chart, Long Rally to Come Up
Can Take LONG Entry at CMP 1350-1370 in half of your quantity.
Then can add remaining quantity if the stock corrects to 1208-1250 levels, or you can add more if the rally continues.
It has also formed a morning star on a daily chart ,Expecting a good rally now!
It's a clear Head...
Hsil Big Rounding bottom And up flag Breakout Go Long for Short Term
Entry at near and above 125.17 (major resistance Fibonnacci Levels)
1st Target -147 (Up Flag pattern target should be ideally acheived in 4-5 days after taking entry above 125.17 )
2nd Target -200
3rd Target -210 (Rounding Bottom Target)
RSI is also above 60 which is a buy Sign!
Head and shoulder Breakout
Buy at Cmp 110.85
Price Target -150
Time target- 114 Days
Price Target calculation - height from Dip to neckline 62 points move, Same move is expected after a head and shoulder breakout.
Head and shoulder breakout at 80 Points So ,80+60=150
Time Target calculation - Length of Head of Shoulder pattern which is 342 Bars. So Time...
As you can see number of support and resistance it has taken and has honoured the triangle pattern beautifully, Also a Morning star is formed at current level with a volume greater than last five days. Expecting a huge breakout!
Triangle Pattern Breakout
Confirm Entry above 424 as it is a major resistance