Diwali Special:Punjab Chem-Inverse Head & Shoulders- Buy Setup
As seen Punjab Chem has formed an inverse head and shoulder pattern on the daily charts.
Aggressive traders can enter (closing basis) on the breakout of the neckline with volumes.
Conservative traders can enter when price retests the breakout level.
Expected Levels: 280, 300, 340
Exit Levels : 165
Aggressive traders can enter (closing basis) on the breakout of the neckline with volumes.
Conservative traders can enter when price retests the breakout level.
Expected Levels: 280, 300, 340
Exit Levels : 165
Trade active:
Entry levels Aggressive traders 228.15
Comment:
traders can book part profits, considering volatile markets due to upcoming presidential elections in US. 15%-18% profits.