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H&S pattern has Completed and Double Top seems to be initiated
POWER GRID CORP. LTD.
Short
H&S pattern has Completed and Double Top seems to be initiated
By Shanmuga_Sundaram_R
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Nov 30, 2021
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Nov 30, 2021
H&S pattern has Completed and Double Top seems to be initiated.
As the market trend is in steep downwards, we could see the downtrend from this level in coming trading days.
Moreover the price is travelling in a channel and now it is trading near to its resistance and testing ATH.
So put together, we could see this stock at around 190INR in coming few days.
Chart Patterns
Trend Analysis
Shanmuga_Sundaram_R
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