CautiousChartist

AARTI SURFACTANTS - HNS Continuation

Long
NSE:AARTISURF   AARTI SURFACTANTS LTD
The pattern has been repeating itself and has been systematically rising within the Parallel Channel .

Expecting a good move as in the past above 1625 (neckline)

Comments

wohoo!! started to rock..
Reply
Hi @CautiousChartist - shall we wait for re-entry??
Reply
@mihir2021, No ! stay away. Enter only above 1730
Reply
mihir2021 CautiousChartist
@CautiousChartist, ok.. thanks again!
Reply
@mihir2021, Reason being after hitting the first target, the sudden spike fall (below the rising channel) has disrupted that last Inverted head and shoulder pattern. So now, to form a new inverted head and shoulder it needs to at least cross above 1565. 11 Aug candle will be the new left shoulder.23 Aug candle the head and we wait for the right shoulder to complete.
Reply