SaurabhChhabra96

JYOTHYLABS FORMATION OF HEAD AND SHOULDER PATTERN

Short
NSE:JYOTHYLAB   JYOTHY LABS LTD
JYOTHY LABS making head and shoulder pattern on weekly chart.
If trend line breaks down side then we can expect down fall of at least 15%. Immediate support for head and shoulder pattern can be seen at RS 118-120.
Tip: Whenever you see any pattern forming always convert your drawings from candlesticks to line chart.
Note: Its not any recommendation ,do your own analysis.
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