A Kind of Peanut Pattern is Been formed on Day as well as on Weekly chart
It is a RISKY Trade So Tarde with limited Quantity
Safe Trader can Avoid it.
TARGETS - 170-185-200
Holding Period Few months for full target
Other Details are Mentioned in the Chart
(NOTE- This Research is only for Educational Means Please make your Own research too before investing
We are/would be not responsible for any Profit or Loss)
HINDCOPPER is Forming A Head and shoulder Pattern too.
So be careful before entering into Buying on Monday.
If it goes below 136-135 then more fall expected
And a Trade of Short Position can be initiated and will be upadated by me.
Safe Traders can make Fresh long Position if it sustains above 157 on day closing basis.
Once again guys please make your own research too before investing.
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The HEAD and SHOLDER pattern executed as told on 7 AUG Hope any one has not made any big loss by keeping in mind about Head and shoulder
More fall is expected till 118-113
Comment down if someone made loss