Eris : good for buying if sustained above 580

Eris is showing strength even after massive sell in nifty (21 Dec 2020)
Broken weekly tf trendline and sustaining above 200 dma
Forming inverted head and shoulder
a good buy can be initiated above 580 with Sl 535 for the target 665




Disclaimer : This analysis only for education purpose
BANKNIFTYbreakoutERISinvertedheadandshouldersNIFTYSupply and DemandTrend AnalysisTrend Lines

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