The stock has formed the classic head and shoulders pattern on a 2H timeframe, and is currently right at the neckline.
Trade can be taken at current levels for targets of 152, 159 and 171 depending on your investment horizon.
Short term traders can keep a stop loss at ~140 levels.
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Trade can be taken at current levels for targets of 152, 159 and 171 depending on your investment horizon.
Short term traders can keep a stop loss at ~140 levels.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
Trade closed: target reached:
Target 1 reached on 13 Sep
Trade closed: target reached:
Target 2 reached on 15 Sep
Trade closed: target reached:
Target 3 reached on 23 Sep