An Inverted Head & Shoulder pattern can be seen in Indusind Bank on 15 Min candle chart with Neckline forming at 1180-1190.
A long position can be initiated if 15 min bullish candle gives closing above 1190. Target : N-A / All time High
Please let me know your suggestions as well.
Thanks & Regards
Hritik Kaushik
A Head & Shoulder Patter formation can be seen on HCLTECH 1 HR Chart. A short opportunity can be seen in HCL Tech if it sustains below the neckline as mentioned in the picture. Will wait for a 15 min candle to give closing below the neckline. Target seem nice for intraday & short swing trade.
Levels are : Neckline : 1255, Targets : 1230 & 1215.
Please let me know...
A Rounding bottom can be spotted in Coal India 1HR Chart and if it is able to give the breakout above the mentioned resistance, the gap plus 1% more target can be achieved.
The key to confirm this trade would be if any 15m candle gives closing above the resistance level. For the targets, you can always refer to the Pivot Points.
Please let me know your...
An Ascending Triangle formation can be seen in ICICI Bank and breakout above the resistance can give us very nice targets.
The key to confirm this trade would be if any 15m candle gives closing above 723. I have mentioned the Targets or you can always go with Pivots.
Thanks & Regards
H ritik Kaush ik
Adaniports gave closing below 50 EMA and is taking support on the parallel channel. Short Positions can be initiated once the support is broken and a target of 200 EMA can be achieved and the key to it would be sustaining below the level of 748.
Please let me know your suggestions as well
Thanks & Regards
Hritik Kaushik
An Inverted Head & Shoulder pattern can be seen in Coal India on 1 HR candle chart with Neckline forming at 146.
A long position can be initiated 15 min bullish candle gives closing above 148. Target : 155 - 160 or refer to Pivot Points
Please let me know your suggestions as well.
Thanks & Regards
Hritik Kaushik
If Dabur gives closing above Rs. 644 with a strong 15m candle, an intraday long trade can be taken as it is also forming an Inverted Head and Shoulder Pattern on 15m candle chart. I have also drawn recent support and resistance trend lines. 1% Target can be easily taken if it goes bullish tomorrow or you can also refer to Pivot Points for the target.
Please let me...
Kotak Mahindra Bank making a Head & Shoulder Pattern, closed on a very critical support level i.e. 1939.
Can give a good breakout if Bank Nifty Breaks tomorrow and the market sentiments act negative.
Have given both the levels for buy and sell. If it takes support from the line of support tomorrow also for 15-20 mins go long.
If the support level is broken and...
