Siyaram Silk Double Head and shoulder - Asymmetric Triangle.
SIYSILView : Bullish for Short -Medium - long term.
Observation:
Head and Shoulder Pattern Completion with neckline 456.00.
Breakout Level Necklne of Inverted Head and Shoulder : 446.00
After breakout level tested multiple time and this week the chart broken important trendline.
Green trendline will act as Support till 390.00
CMP 28 January 2022 (Friday) = 444.35
Buy : or > = 445 or As soon as Assymetric Trinagle (Pennant) Breakour Upside
Stop loss For long term : Not more than 4% (Not less than 396).
Target for short term : 455-460-480-490
Target for medium term : 455-480-500-560
Target for Long term : 456-500-600-626-650-698-750 ++++
Note
Hit 698 as expected
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