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dayanithi555
May 10, 2021 1:43 AM

INVERTED HEAD & SHOULDER IN MOIL Long

MOIL LTDNSE

Description

BUY 157 TO 155
TARGET 215 TO 286

Reason For Buying This Script :

In this script it has formed inverted head & shoulder pattern in monthly , Now it has completed the pattern and waiting for neck line break out conformation .
Once it close above 170 in monthly candle and the next target up to 215 to 289. wait up to May month closing . If it close above 170 good buy.


Note :

Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.

ALL THE BEST ..
Comments
UnknownUnicorn20630746
too sharp on the inverted head, I don't think I would trade such a pattern (experiences in past have gone wrong) . Sometimes a simple Ressistance BO with volumes does better. :)
dayanithi555
@Adityasuryancicli, Thank you for your comments, Keep supporting.
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