Tradersasi23

Head and shoulders - trend line break

NSE:COROMANDEL   COROMANDEL INTL
Price after a fall formed inverse Head and Shoulder pattern and price breaks the trend line and closed above strong. One can expect the given target in the coming days of trading. Always it is good to enter at the bottom/ support of a pattern to keep things cool. Think about it !!! Always.

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Comment: As said in the above price makes a U turn and going down, which is called extended shoulder and the price will reach the target soon.

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