Paras defence-IHNS pattern formation

Jan 22

Paras defence is a stock from defence manufacturing sector.
Stock has formed inverted head and shoulders pattern.
Risky traders can enter before breakout for better risk reward.
Stock will fly once the neckline is crossed. Decent stock for long term as defence sector is major beneficiary of India's Make in India program.

Jan 31

Note

Stock has given monthly closing above 800. Keep in watchlist!

May 20

Note

Stock failed previous breakout but is now trying again. Expecting big move above 800.

May 24

Note

Do not miss this. Already 10% move above 800 done.

Jun 15

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Stock Blasted! Nearing my target

Jun 18

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Back to back 20%. 50% done. Dont forget to book your profits and hold free shares for long term!

Jun 19

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1500+ from 800 in less than a month. Had alerted on May 20th.