Paras Defence making inverted Head & Shoulder pattern
As you can see from the chart provided, an inverted H/S pattern is currntly emerging on this share, as soon as it breaks the necklin(i.e. - 800-805 level) it will start a journy towards it,s all time High.
A good point for entry - 805 Target - ALL time high (1250) or 1:3 RR (1180). SL - 680 ( just below support daily TF)
N.B. - This is for education & informational only, Do your own research before investing.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.