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Paras defence-IHNS pattern formation

Long
PARAS DEF AND SPCE TECH L (NSE:PARAS)  
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NSE:PARAS   PARAS DEF AND SPCE TECH L
Supply and Demand Head and Shoulders Volatility parasdefence prebreakout invertedheadandshoulders defencestock makeinindiastocks investment
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supplyanddemand headandshoulders volatility parasdefence prebreakout invertedheadandshoulders defencestock makeinindiastocks investment
Paras defence is a stock from defence manufacturing sector.
Stock has formed inverted head and shoulders pattern.
Risky traders can enter before breakout for better risk reward.
Stock will fly once the neckline is crossed. Decent stock for long term as defence sector is major beneficiary of India's Make in India program.
Comment:
Stock has given monthly closing above 800. Keep in watchlist!
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