M&M INVERTED H&S PATTERN

INVERSE HEAD AND SHOULDER PATTERN IN M&M
cmp 1591
any close above 1600 will be considered at pattern breakout for...
1625 / 1650 / 1675 / 1700
Sl can be 1580 closing basis

---------------------------------------------MAJOR RESISTANCE 1600-------------------------------------------

if could not sustain above 1600 one can short for
1575 / 1550 / 1525 / 1500
Sl can be 1620 closing basis

Regards..
Keshav..
02/09/2023

Disclaimer:
I am not a SEBI Registered analyst...!!
Charts are made only for study purpose and paper trading... !!

Trade active:

not sustained abv 1600
low 1573 target 1

Trade active:

1562 low

traill

breakout above 1600

Trade closed manually:

1515 low
target 3 done

NOW ATTEMPTING BREAKOUT CMP 1600
if not sustained again it will come down

Trade active:

1670 high target 3 almost done

Trade closed: target reached:

all targets done
1) 1600------>1515 short T3
2) 1600------>1670 long T3
3) 1600------>1501 short T4 final tgt

85+70+99= 254 points in total

This is closed.