RaghuveerMunipalli
Long

GE Shipping Seems like Head and shoulder Pattern

NSE:GESHIP   GREAT EASTERN SHI INR10 (POST REORG)
17 1 2
CMP 386
tgt             491
SL338
Comment: Hit391.90
Comment: 402
Generally Head & Shoulder is a Bearish Pattern. Inverted H&S is Bullish Pattern.
Stoch RSI not favourable, Though STOCH lokks good. Closing above 200SMA good, but Needs confirmation.
NOISE is here, Look @ 369 - 363.5 level for accumulation / Safe Entry.
+1 Reply
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