anujakude22

COALINDIA Inverted Head & Shoulder Pattern formed.

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NSE:COALINDIA   COAL INDIA LTD
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An inverted H&S pattern has been formed in COALINDIA and we are expecting an Up Move from here.

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is it perfect inverted h&s as - head and right shoulder is formed almost at near by levels...correct me if i m wrong....
+1 Reply
@rachanak, nope sir, its incorrect
+1 Reply
It is not an inverted H&S pattern sir, but yeah there is double bottom and currently it is trading near a support, so SL is very small and targets are hue in long term, you can still go in buy side
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