RCF 23 Nov 2022 Stock BO with strong volume today from a consolidation of 2 months, we can witness a follow-through.
In Play : HH-HL
Summary - Stock bounced from the VAH zone - 2 months of accumulation - Inv Head and Shoulder pattern(Confirmed BO) - ATH is at 150.45
Conclusion - CMP 118.40 - 3% Test position can be initiated - Rest Qty can be planned on RT of TL - Higher targets could be around • Short Term – 126/148 • Long Term – 176(ATH @ 150.45) need to see price action in the ATH zone to confirm
Wish You Happy & safe trading
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