NIFTY ENERGY SECTOR is forming and inverted head and shoulder pattern. The sector has broken out on weekly TF. The stocks in this space can move great over the next few weeks. Your SL in this sector would breaking of right shoulder low.
Look for stocks like Tata Power, Adani Power, GAIL, BPCL expect a good run up in these stocks.
Comment
⋅
Energy sector taking a retest let's see if it holds the neckline.
Comment
⋅
Neckline is Held now reversing!
Comment
⋅
Crazy but expected move in Energy Stocks.
Trade closed: target reached
⋅
Inverted HNS target has reached, What a crazy move it was!