Inverse Head & Shoulder breakout on Monthly chart Considering the movement in the Auto sector and the major revolution going on in the EV industry, it is very likely that this stock can perform well in the next 6 months to 2 years.
1. the "Inverse Head & Shoulders" pattern has a clear breakout on the monthly charts.
2. The volumes are also increasing.
3. Target could be the all-time high price in a period of 6 months to 2 years.
Stop loss - below the current swing low on the monthly chart.
Disclaimer: This is for educational purposes o
Inverse Head and Shoulders
Inverse head shoulders pattern spotter on Info Edge (Naukri)Hi friends, as you can see today i have the technical chart of Info Edge (Naukri) . Friends as you can see here that it is making an Inverse Head and Shoulder chart pattern which means it can go up but Some exemptions are also showing possible bear as shown below
Thanks.
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SRF going bullish 📈Hi friends, as you can see today i have the technical chart of SRF. Friends as you can see here that it is making an Inverse Head and Shoulder chart pattern which means it can go up but if you see closely then you will find more confirmations as shown below
On Monthly Chart :-
On Weekly Chart :-
Although markets can't be predicted or pattern which formed will work guaranteed and the stock will go up or down, In market we work on possibility and an inverse head and shoulders is one of the
NLCINDIA : Trendline Breakout#nlcindia
>> Swing Trade
>> Trendline breakout & Inverse Head & Shoulder pattern
>> Good Volume & Good Strength in stock
>> Good Risk Reward : 1:1(trg - 87) &1:2 (trgt - 92)
>> Book profits at 5-10% fully or partially & keep trailling.
Keep liking and sharing & Following @moneyfesttrading for more learning
Inverse Head and Shoulders A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
The neckline rests at the support or resistance lines, depending on the pat
Eicher Motors : Big Players have entered the stock#Eichermotors
>> Positional Call (1-3 months)
>> Three White Soldiers pattern highlighted indicates big player has already entered the stock
>> Good strength & Volume Buildup in Stock
>> Swing traders can book profits at 5-10% fully or partially & keep trailling
Keep liking & sharing for more such analysis, leave a comment if u like analysis
@moneyfesttrading
MPS - Short and Long Term
The Higher Time frames look solid.
Multi-year Breakout Contender.
On the Lower Time frame an inverted Head and Shoulder was spotted.
A breakout happened and followed it up with a retest.
Stock is moving in a Rising Wedge.
I expect an upward rally from here on to the top end of the wedge.
Foseco Ind Remember my first Idea of RelaxoNSE: FOSECOIND
If Breaks then target could be taken at 1159 as a good Target
Time Frame :- 1 Month
Patterns Name :- Inverse Head and Shoulder
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING
Comment Below If You want to ask me questions on this on any other idea
Conclusion :-
A Inverse Head and Shoulders which is completed now with breakout shows some forecasts that could be up and could followed by the market
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Trent A Swing Buy or not ?Hi, well you have seen that how the market is falling and most of the stock are going down including nifty but at now things have changed and it's showing us a buy with the hint of Inverse head and shoulders pattern one of the most common, used and with higher success rates. Targets can be taken near 1560 to 1565. Thank you . pls do follow and like the post. also tell me your opinion on this
BPCL Bullish Breakout BUY!Attached: Daily Chart as of 17th March, 2023
- Price shot up a whooping 6.24% on 16th March (Thursday) and also held the Gains closing Higher on Friday
- Overall giving a Strong Weekly Breakout Candle closing above the 350 key level
- 315 level or the 0.618 Fib retracement held out perfectly as a support🙏
Indicator Signals:
- MACD crossed above 0 line ✅
- RSI crossed above 70 ✅
- DMI gave Buy signal ✅
- ADX is above 25 ✅
- An Inverse Head & Shoulder Pattern is currently active given the Break
Hind Petrol A Buy or Not ?Hi guys, today I'm back with a stock Hindustan Petrol, as you can see it's an inverse head and shoulders pattern after a big downtrend and it also broke 200 ema giving us some more confirmation, if we talk about targets then the targets are 302.50. The best thing about this stock is that it always respects the 200 ema, so we can assume that this time it'll also respect the 200 ema, giving us the best buy.
Corrective Phase about to completeThe structure indicating that the scrip in last leg of corrective phase - wave 2
Crossing Swing highs would make a valid Inverted Head & Shoulder Pattern - as the move in head was a clean 5 wave structure. A probable Trend reversal on long term chart.
We would be looking to have a starting position on green closing (daily TF) and add as and when the swing high breaks.
Invalidation point for our trade would be 393
Will Nifty complete IVHS pattern?It looks like Nifty is forming a IVHS pattern on 15/30 min TF. The neckline of IVHS is around 17480-17500 levels which will be a strong resistance.
RSI is showing divergence in 30 min TF which might indicate an upmove. 17200-17250 is the next strong support for Nifty which is very close to the CMP and hence, a short trade might not be a good option.
However, US market and tomorrow morning's opening will be a key deciding factor on trend for next week.
This is my personal opinion on Nifty just
CIGNITITECH near IVHS breakoutCIGNITITEC has been forming an inverted head and shoulder pattern from last 1.5 years and is currently near breakout of the neckline.
It can give a good upside move if a strong weekly closing above 639 levels is seen.
Idea shared just for educational purpose.
CLong























