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tradewithamey_

CIGNITITECH near IVHS breakout

Long
CIGNITI TECHNOLOGI (NSE:CIGNITITEC)  
tradewithamey_ Updated   
NSE:CIGNITITEC   CIGNITI TECHNOLOGI
Fibonacci Head and Shoulders Inverse Head and Shoulders consolidation-breakout positional CIGNITITEC
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fibonacci headandshoulders inverseheadandshoulders consolidation-breakout positional cignititec
CIGNITITEC 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.
Trade active:
Blasted today. More than 10% move in single day.
Trade closed: target reached:
Around 95 points move which is the length of the right shoulder.
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