Breakout from Inverted Head & Shoulders can be seen in Amara RAja Batteries.
There's even a pullback after the breakout, ehich makes it a perfect BUY position.
Upside potential is huge compared to the downside. It's a swing trade.
Target: 820 (Height of the head)
SL: 740 (Just below the baseline)
R:R = 1:5
There's even a pullback after the breakout, ehich makes it a perfect BUY position.
Upside potential is huge compared to the downside. It's a swing trade.
Target: 820 (Height of the head)
SL: 740 (Just below the baseline)
R:R = 1:5
Trade closed: stop reached