Hey guys.
As you see HclTeach was in downtrend and now its breaking its trendline. Yesterday it took resistance from 50 period moving average but in daily timeframe you can see a clear inverse head and shoulder pattern so once it crossed its daily 50Ma and give closing up to 1200 as shown by the resistance line we can go for a swing trade of 5 percent and for positional target would be 12 percent. Manage your risk according to your risk appetite .
As you see HclTeach was in downtrend and now its breaking its trendline. Yesterday it took resistance from 50 period moving average but in daily timeframe you can see a clear inverse head and shoulder pattern so once it crossed its daily 50Ma and give closing up to 1200 as shown by the resistance line we can go for a swing trade of 5 percent and for positional target would be 12 percent. Manage your risk according to your risk appetite .