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ArthvidyaWealthMantra

Inverse Head & Shoulder Pattern in Venkeys india

Long
VENKY'S (INDIA) (NSE:VENKEYS)  
ArthvidyaWealthMantra  
NSE:VENKEYS   VENKY'S (INDIA)
Chart Patterns Head and Shoulders Oscillators
3
0
chartpattern headandshoulders oscillator
A Bullish Inverse Head & Shoulder pattern is Formed in Venkey's India Ltd. on hourly chart as drawn in chart. Same time MACD is also above Zero line , Breakout is happened with Volume spike above price levels of 2680 i.e. Neck line. Target price 3172. As per moving Averages too it's sustaining above all moving averages. Indicating upward rally in it's prices. Keeping Stop Loss Below 2520 will be wise.

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