009 JTEKTINDIA Monthly Reverse Head and Shoulder, Expected to c

JTEKTINDIA
JTEKT Corporation Japan (manufacturer of steering systems for passenger cars, utility vehicles, and light commercial vehicles.) - /April/2021

- Monthly
- Consolidation and now the formation of Reverse Head and Shoulder Pattern
- 1st Breakout from the strong support level 94.95
- It Looks to be a Trend Reversal, Higher high Higher Lows
- This is likely to continue till 125, and then next is 250

Weekly
- The Big resistenance at 95
- The next level is 120, Lets hold it till 150 and then let the market decide the direction.
- Reverse Head and Sholder pattern formed in the bottom

Daily
- The level to watch is 115 if the candle closes above 115 its a good move. So hold and watch.


I am in for the weekly uptrend. Will keep you updated.

Image Link: https://www .tradingview. com/x/ATAwt1s1/

Thank You!!
Avinash Sawant