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iChoco

Paras Defence making inverted Head & Shoulder pattern

Long
PARAS DEF AND SPCE TECH L (NSE:PARAS)  
iChoco  
NSE:PARAS   PARAS DEF AND SPCE TECH L
Support and Resistance Multiple Time Frame Analysis Head and Shoulders head_and_shoulder invertedheadandshoulders bullishpattern
1
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supportandresistance mtfa headandshoulders head_and_shoulder invertedheadandshoulders bullishpattern
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)
snapshot


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