PARAS Long idea

May 20

paras defence stock forming Inverse Head & Shoulder in weekly.

In Daily, It is forming Inverted H&S.

It looks bullish for me.

Chart Analysis & Targets are given. Need to plan accordingly

May 20

Note

Stoploss for Medium/long term Investor is 605 weekly closing basis, Stoploss for Short term Investor is 680 Daily closing basis

May 24

Note

Shooted today & broke weekly resistance.

Jun 4

Note

Did Pullback, should follow up next few days to enter

Jun 14

Note

Reached Target-1.
Gained 42% in 18 trading sessions.

Jun 18

Note

Target 2 done... waiting for Target 3

Jun 19

Note

Target-3 (1500) is Reached today.