TradingSutra

MHARASHTRA SEAMLESS : Inverse H&S

Long
NSE:MAHSEAMLES   MAHARASHTRA SEAML
A breakout of inverse Head & shoulder formation with neckline of 314 has been spotted. The pattern suggests a continuation of the previous HH & HL trend. One can buy the stock on cmp & add on dips with maintaining the SL of 300 and look for the target of 360 (measured tgt) later 380/410

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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