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skandha1986

METROPOLIS - Inverse Head n Shoulder breakout

Long
METROPOLIS HEALTHC (NSE:METROPOLIS)  
skandha1986  
NSE:METROPOLIS   METROPOLIS HEALTHC
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
METROPOLIS has formed Inverted Head n Shoulder pattern and given a breakout at 1370 resistance.
Usually Inverted HnS patterns are trend reversal patterns, so this seems to be good for long with trail SL.
Immediate target: 1540-1550 zone.
SL: Daily candle close below 1400 levels.
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