PENIND~~DIWALI PICK >READY FOR STRONG BREAKOUT ?

PENIND
PENIND
(PENNER INDUSTRIES LTD)

DIWALI PICK 2024
CMP 207
Buy on Dips till 150
For Targets🎯222 / 238 / 259 / 285 / 299++
Positional Targets🎯 318 / 336 / 255 / 381 / 395++


Best Wishes of Diwali !!
Regards,
Harm⭕nics4Life
20/10/2024

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Technical Setup
1) Rounding Bottom on charts
2) Inverse Head and Shoulder Pattern in formation
3) Placed Strong above 190 levels (Crucial Breakout Zone)
4) At chep valuations
5) Volume addition

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Breakout Chart
snapshot

Positional Chart
snapshot
breakoutbreakoutsChart PatternsdiwalipickdoubletargetheadandshouldersformationInverse Head and ShouldersPENINDTrend AnalysisWave Analysis

Harm⭕️nics4Life
Twitter: @Harmonics4Life
Telegram: t.me/Harmonics4Life

Disclaimer.
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.
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