IPCA- LONG FOR 20%
Price bouncing from 50 week EMA and crossing 18 week EMA while 18>50>100>200 week EMA is intact
price forming an inverted H&S pattern on weekly frame
though valuation is expensive , 20 % move is expected
target and SL marked
price forming an inverted H&S pattern on weekly frame
though valuation is expensive , 20 % move is expected
target and SL marked
Trade closed: target reached
target done
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.