tradewithamey_

Paras defence-IHNS pattern formation

Long
tradewithamey_ Updated   
NSE:PARAS   PARAS DEF AND SPCE TECH L
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.
Comment:
Stock has given monthly closing above 800. Keep in watchlist!
Comment:
Stock failed previous breakout but is now trying again. Expecting big move above 800.
Comment:
Do not miss this. Already 10% move above 800 done.
Comment:
Stock Blasted! Nearing my target
Comment:
Back to back 20%. 50% done. Dont forget to book your profits and hold free shares for long term!

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