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CuriousChartist
May 13, 2021 7:06 AM

SHIVA TEXYARN Long

SHIVA TEXYARN LTDNSE

Description

Analysis is based on the recommendation of this stock from a well wisher.

I see a quite long consolidation with an Inverted Head and Shoulder Pattern.
Yesterday , a breakout was witnessed with good volumes.

Riding the trend here.

Trade active

Target 1 achieved

Trade active

Day1 - 11%

Comment

Short term traders may want to raise their stop loss as it is facing a few rejections from the top. Just be careful of any knee jerk reaction.
Comments
singamvinodh
Also requesting do analysis on FSL & Filatex India
CuriousChartist
@singamvinodh, Will let you know
mjaykumar
Awesome! First Target achieved today only.
Thank You for such a nice chart analysis.
singamvinodh
Bro Your a gem of tracking so many stock and thanks for providing good technical charts. All most all your targets are achieving.
CuriousChartist
@singamvinodh, Thank you bro.
roopak29
bro uc aaj :)
CuriousChartist
@roopak29, Yeah, Inverted H & S seldom disappoints. Takes time but eventually there will be movement.
UnknownUnicorn20630746
guess, it's time to exit. voulmes dried
CuriousChartist
@Adityasuryancicli, Your analysis may be right and you can exit but I'm holding this for a medium term.
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