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
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Blasted today. More than 10% move in single day.
Trade closed: target reached
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Around 95 points move which is the length of the right shoulder.