manuagarwal21
Long

VAKRANGEE- Inverted Head and Shoulder

NSE:VAKRANGEE   VAKRANGEE LTD
Inverted Head and Shoulder is apparent on the daily chart .

Breakout has already happened on the charts.

Stocks has been opening gap up from past 6-7 trading days, and has reached near previous Falling gap , which could serve as possible resistance (43.30 - 50.20).

Stocks looks good on higher time frame (Monthly ) as well, however reversal is still not evident on higher time frame, hence strict stop loss is a must.

Caution : Risky trade




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