akshaybatra020

MTAR tech Breakout With H&S Pattern | Huge Volume seen

Long
NSE:MTARTECH   MTAR TECHNOLOGIES LTD
MTAR Tech made a Head & Shoulder Pattern and done with a Breakout with huge Volume exactly from the Neckline, now it will further continue a upward trend possibly after a retest from the resistance which turned as a support after the breakout. you can hold it for target of 1900-2000 .
Trade closed: target reached: Target completed in MTAR tech at 1950 easy 30% gain captured in just 30 days.
chart exactly moved as i had drawn a month ago and this 30 % return was totally planned. bought near 1500 SL was below Right shoulder around 1400 and target was around 1900-2000. i booked target at 1950 and got RR 1:4 and ROI 40% in jsut 1 Month.
HAPPY TRADING...
Trade closed: target reached: 2nd target reched in MTAR tech. It has given around 45% return in just 2 Months