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Head and Shoulders

PIIND futures buy n sleep till may fut.13 May 2026, PI Industries (PIIND) futures have shown signs of a head and shoulder bullish reversal. Pattern Status: Technical analysis for May 2026 indicates that PIIND has broken above a short-term resistance level, with some views indicating a potential Inverted Head and Shoulders (IVHS) pattern in the making, aimed at shifting the trend from a previous downturn to an upward movement. Target & Stoploss: Recent technical views suggest that if the stock sustains its bullish momentum, it could target levels around ₹3,400+ within the next year, while immediate support and defensive stop-loss levels are monitored near ₹2,900–₹2960.
NSE:PIIND1!Long
by TORTOISE_MS
Nasdaq Head and Shoulders with EVENING STAR IT'S OVER📋 NQ TRADE PLAN — TUE MAY 12, 2026 Current: 29,290 (London KZ, post-overnight bear thrust) 24h Range: 29,227 ↔ 29,479 (252pt — wide) Bias going in: BEARISH structural, bull bounces tradeable 🗺️ KEY LEVELS Zone Price Type Strong resistance 29,500 Round number Resistance 29,479-80 Yesterday RTH BSL (4× rejected) Resistance 29,455 ETH bounce high Pivot 29,400-410 OB / failed RTH pivot Major flip 29,377 Yesterday RTH SSL → now resistance Mid 29,300 Round / current chop center Local low 29,271-79 Pre-market range low Major support 29,227 Overnight ETH SSL low Target 29,200 Round / next liquidity Stretch 29,150 Bear extension target 🎯 PRIMARY SETUPS (NY AM KZ 08:30-11:00 CT) 🔴 SHORT (Higher prob) — at 29,377-29,400 Entry: retest of broken SSL 29,377-29,400 (resistance flip) SL: > 29,415 (above OB) T1: 29,300 (+77pt) T2: 29,260 (+117pt) = 1:3.4 R/R ✅ mandate met T3: 29,227 SSL (+150pt) Trigger: sweep + bearish reaction (rejection wick, lower-tf BoS) 🟢 LONG (Lower prob) — at 29,227-29,250 Entry: sweep + reclaim of 29,227 ETH SSL SL: < 29,210 (below SSL by 17pt) T1: 29,300 (+50pt) T2: 29,377 (+127pt) = 1:3+ R/R ✅ mandate met T3: 29,400-410 Trigger: V-recovery wick + bull spring on vol > 4k (HPT-13 pattern) ⏰ KILLZONE GAME PLAN Time (CT) Window Plan 02:00-05:00 London KZ Already active — bear bias, watch < 29,265 break 07:00-08:30 Pre-NY Setup zone — wait, don't trade 08:30-09:30 NY AM open PRIME — wait first 15min for direction, then engage 09:30-11:00 NY AM core Primary setups, full size 11:00-13:30 Lunch Stand down, chop 13:30-15:00 NY PM KZ Secondary, smaller size 🚫 INVALIDATION / SKIP RULES No trade if vol < 1.5k on 5m bar at trigger No chase if price > 15pt extended from level Skip if NY AM opens > 29,400 (range breakdown invalid → re-evaluate) Skip if NY AM gap-down opens < 29,227 (SSL already swept overnight, no edge left) Hard stop: -50pt session loss → walk away 📊 SCENARIOS A. Bear continuation (60%): Open mid-range 29,290-29,330 → fade to 29,260 → break SSL 29,227 → flush to 29,150 B. Mean reversion (30%): SSL 29,227 swept clean → V-recovery → target 29,377 retest C. Chop range (10%): Stuck 29,260-29,377 all day, no edge 🎲 EXECUTION CHECKLIST ✅ Wait for NY AM open (08:30 CT) ✅ Check first 15min direction ✅ Confirm killzone alignment ✅ Wait price to setup level (no chase) ✅ Confirm vol > 1.5k on trigger bar ✅ Confirm 1:3 R/R minimum ✅ Set T1 partial @ 50% → trail BE → runner T2/T3 Bottom line: lean SHORT off 29,377-29,400 retest into 29,227 SSL. If that's already swept overnight, flip to LONG bounce off SSL reclaim. Stand aside if NY AM opens outside 29,260-29,400 range.
CME_MINI:NQ1!Short
by Smalldikenergy
1
Update: Nikkei 225 Hits 52k. The Log Extension still the Magnet!The Nikkei 225 closed the first full week of 2026 at 51,939.89, marking a significant recovery from its mid-week dip to nearly 51,000. Here is why the structural bull case for your log target remains robust: The "Takaichi" Tailwinds: The market is currently fueled by "Sanaenomics" (the policies of Prime Minister Sanae Takaichi), which focus on expansionary fiscal measures and a pro-growth stance that favors reflation over aggressive interest rate hikes. Earnings Dominance: Heavyweights like Fast Retailing (Uniqlo) recently posted record earnings (revenue of ¥1.03 trillion), proving that Japan's major exporters can deliver massive growth even as the global landscape shifts. Institutional Accumulation: Unlike previous "hot money" cycles, this rally is seeing sustained inflows from global funds (like BlackRock and Citigroup) who are pivoting away from expensive US tech toward the "relative affordability" of Japanese equities. The AI Infrastructure Play: Japan's industrial ecosystem—specifically semiconductor equipment makers like Tokyo Electron and Advantest—provides the physical infrastructure (machinery and materials) required for the global AI boom, creating a consistent floor for the index. Technical Verification (January 2026) The Pivot: The index successfully tested and held the 51,000 handle on January 8th, confirming it as new structural support. Momentum: The 50-day moving average remains firmly above the 200-day, a "Golden Cross" alignment that typically precedes long-term logarithmic extensions.
TVC:NI225Long
by BallaJi
2
EURUSD (12/05/26) long sentiment Hello everyone, I thought I'd give an update on my EURUSD annotations and share with you all my thoughts on recent price action. As we can see from my previous annotations I am expecting EURUSD long. Another piece of price action confirms this now, you can see this marked out on the chart. There is a head and shoulders structure that has been created on the 200 and 800 EMA. Seeing this I don't believe price will come lower, however the long bias I hold will become invalidated if price closes below the low made on the 30th April. My bias and prediction will be confirmed when price closes above the PFH (Peak Formation High) that is marked out on the chart. Please leave a comment if you have any opinions or ideas regarding this post. Thank you for reading.
Long
by JCW-Fx21
ABDLAllied Blenders & Distillers Ltd. (CMP ₹594, NSE: ABDL) Prepared by Sucrit Patil | The SmartWay Research Desk | 9 May 2026 A Mumbai‑based Indian‑made foreign liquor (IMFL) company, incorporated in 1988. ABDL is India’s third‑largest spirits company, best known for its flagship brand Officer’s Choice whisky, one of the world’s largest selling whiskies. The company also markets premium brands such as Sterling Reserve, ICONiQ White, Kyron Brandy, Jolly Roger Rum, and Zoya Gin. Promoter Holding (Mar 2026): Kishore Chhabria & Family — 80.91% stake (no pledges) FY22–FY26 Snapshot Revenue Growth: Q3 FY26 revenue ₹1,004.18 Cr vs ₹994.81 Cr in Q2 FY26 (+0.94% QoQ). → Neutral/Good Net Profit: Q3 FY26 PAT ₹66.48 Cr vs ₹64.31 Cr in Q2 FY26 (+3.37% QoQ). → Good Operating Margin: EBIT margin ~11.5% (stable YoY). → Neutral Equity Capital: Stable, face value ₹2. → Good Dividend Policy: Yield ~0.61%; board meeting on 14 May 2026 to finalize audited FY26 results and dividend recommendation. → Neutral/Good Asset Building: Investments of ₹182.37 Cr in FY25 for expansion and acquisitions. → Good Sales: Officer’s Choice continues to dominate volumes; premium Sterling Reserve driving margins. → Good Expense: Interest expense ~3.55% of revenue; employee cost ~4.8%. → Neutral EPS: Q3 FY26 EPS ₹2.38 vs ₹2.23 last quarter (+6.7%). → Good Institutional Interest & Ownership Trends (Mar 2026) Promoter Holding: 80.91% (no pledges) FII Holding: 6.46% DII Holding: 9.64% Retail & Others: ~3% Strategic Moves & Innovations Expansion into premium gin segment with Zoya Special Batch Gin. Strengthening Officer’s Choice Blue and Sterling Reserve in deluxe whisky category. Andhra Pradesh LoI reinstated for 46.5 lakh cases IMFL bottling plant (valid till Sep 2028). Focus on exports to 22 countries and premiumization strategy. Cash Flow & Balance Sheet Strength Market cap ~₹16,549 Cr. Debt‑to‑equity ratio ~0.68 (moderate). Book value per share ₹55.71; P/B ~10.6. Strong liquidity supported by promoter backing. Risk Factors Dependence on Officer’s Choice volumes for majority of revenue. Exposure to regulatory changes in state excise policies. Competition from global players like Diageo (United Spirits) and Pernod Ricard. Margin pressure if raw material costs (molasses, grain) rise. Investor Takeaway ABDL has delivered steady Q3 FY26 performance, with revenue and PAT growth supported by premiumization and exports. The upcoming board meeting on 14 May 2026 will finalize audited FY26 results, dividend recommendation, and fundraising revalidation. With strong promoter backing from Kishore Chhabria, iconic brands, and expansion into premium categories, ABDL remains a long‑term spirits sector play, though investors should monitor regulatory risks and margin pressures.
NSE:ABDLLong
by TechnicalAnalystSucrit
IGV: The Software Spring is Coiling | Targets $103–$106💻 💻 💻 The Technical Thesis: The iH&S Breakout The IGV chart is showing a textbook transition from a "distribution" phase into a fresh "accumulation" cycle. The Pattern: We have a clearly defined Inverse Head & Shoulders. The "Head" bottomed out near $74 in April, and the "Right Shoulder" has just completed its consolidation above the $88 neckline. The Breakout: As of the May 8 close, IGV is trading at $91.11, having successfully cleared the neckline. Price Targets: * Linear Tgt $103.25) Log Tgt $106.11 The Fundamental "Engine": AI Monetisation The software sector is moving from "AI Hype" to "AI Revenue." The heavy hitters inside this ETF are the primary beneficiaries of this shift: The Titans: IGV is anchored by Microsoft (8.8%), Oracle (8.6%), and Salesforce (6.7%). These companies are now reporting tangible margin expansion from integrated AI agents. The Momentum Play: Palantir (PLTR), now an 8% weight in the fund, is the "X-factor" driving the recent 5.2% weekly pop in the ETF as commercial customer acquisition accelerates. Sector Health: With an expense ratio of 0.39%, IGV remains the cleanest way to play a diversified software recovery without the single-stock risk of an individual earnings miss. Quant Note: IGV currently holds a 7/10 "Buy" rating from major AI models, with an 80.7% historical win rate for positive performance three months after this specific chart pattern confirms. BTC (#Bitcoin): The "Risk-Extension" Play As of May 2026, the "four-year cycle" theory could have largely dissolved, replaced by a strong 0.73 correlation between BTC and the IGV Software ETF. The Component Heatmap #MSFT #ORCL #PLTR #CRM #PANW #ADBE #SNOW #WDAY #INTU #NOW #IGV #SoftwareStocks #TechInvesting #InverseHeadAndShoulders #StockMarket2026 #ETFs #TradingView #Nasdaq #AIRevolution
CBOE:IGVLong
by BallaJi
2
Angel One: Breakout | Target ₹580The wait is over. Angel One (ANGELONE) has spent years building a massive technical base, and the weekly chart is now screaming "Blue Sky Breakout." Following a classic "Shakeout & Rocket" phase in early 2023, the price action has matured into a textbook Continuation Inverse Head & Shoulders pattern. We are currently witnessing a high-conviction test of the multi-year neckline at the ₹326–₹330 zone. Why the setup is prime: Confirmation Trigger: A solid weekly close above ₹330 invalidates the overhead resistance and confirms the next leg of the primary trend. Technical Targets: Utilising the depth of the consolidation base, we are looking at a Linear Target of ₹473 and a long-term Log Target of ₹580. Macro Tailwinds: With the Indian market coiling for a breakout and retail participation hitting record highs, Angel One stands as the primary beneficiary of increasing market depth and operating leverage. This isn't just a trade; it's a structural re-rating. If the weekly candle holds green above the neckline, the path of least resistance is significantly higher. #AngelOne #TechnicalAnalysis #TradingView #BreakoutStocks #PriceAction #NiftyNext50 #InvestingIndia #StockMarketIndia
ALong
by BallaJi
EURUSD: Inverse Head & Shoulders Signals Growth Toward 1.1810Hello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded within a downward channel, confirming bearish momentum. After reaching the lower boundary of the structure, price formed a reversal and broke above the channel resistance, signaling the beginning of a bullish recovery. Currently, EURUSD is holding above the 1.1720 support zone while trading near the 1.1810 resistance area. Price also formed an inverse head and shoulders pattern near support, and the recent breakout above the neckline confirms increasing buying pressure. My Scenario & Strategy As long as EURUSD remains above the 1.1720 support zone and respects the ascending trendline, the bullish scenario remains valid. A continuation higher could push price toward the 1.1810 resistance zone (TP1). However, if price breaks back below 1.1720 and loses the ascending trendline, the bullish setup would be invalidated, opening the path for a deeper correction. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Long
by Ratner
28
Recognizing Head and Shoulders Structure on the 4H TimeframeIn hindsight, it is easy to spot chart patterns. However, these setups can still be traded effectively if you recognize them in real time while monitoring your pairs. Another approach is to build a system around head and shoulders patterns and set price alerts to help capture these moves. In this example, I identified a head and shoulders pattern on the 4H timeframe, then dropped to a lower timeframe to execute the trade based on predefined system rules. Example system rules: 1. Wait for a candle close below the neckline. 2. Enter on the open of the next candle. 3. Place the stop loss above the high of the candle that closed below the right shoulder neckline. 4. For take profit, either: * Use a fixed target such as 1.5R or 2R, or * Hold the trade until your system confirms an exit, such as a break in market structure against the trend.
COINBASE:BTCUSDC.P
by TRW300
INV. HEAD AND SHOULDER IN CHEMFAB--EDUCATIONAL PURPOSEStock is corrected from 1228 to 290 (oct 2024 to March 2026) (-76% correction in 18 months). After that stock showed upwards movement with sharp rise this week. Now INVERTED HEAD AND SHOULDER PATTERN is formed . Its a reversal pattern. Also Higher high higher low is noticed which indicates uptrend. Now stock can continue its rally and could be extended up to 800-850 which was previous resistance zone. Long positions can be initiated after correction till 430 TARGET : 800 (86%) STOP LOSS : 375 on weekly closing basis RR RATIO : 1:6.7 TIME HORIZON : 4-5 YEARS ONLY FOR INVESTMENT PURPOSE NOT FOR SHORT TERM TRADING
NSE:CHEMFABLong
by mgvirus1