TradingWithRahul

Inverse head and shoulders pattern || Morepen Lab

Long
NSE:MOREPENLAB   MOREPEN LABORATORI
A breakout of the Inverse H&S pattern has occurred with good volumes. Can be bought for a target of 65-66. CMP-59.5. Target is calculated using the height of the head. SL will be 55 on a closing basis. A good 14-15% swing opportunity. HIT the like button if you liked my analysis and do FOLLOW for more ideas.