Notorious_Trader

Inverse H&S Pattern Spotted in WABAG #Positional

Long
NSE:WABAG   VA TECH WABAG LTD
1) Inverse Head & Shoulder Pattern Spotted in WABAG .

Pros - CHART Pattern Structure Look Very NIce.
Price Came back to the Breakout Zone and Restested it from that Level.
Volume was good at the time of Breakout.

Cons - Below 200 DMA

That' why our Stoploss is very strict .
Once it close above 320 Level you can see some nice Momentum.

Our Entry - 247
Stoploss - 215
Target - 391
2nd Target 449

Comments

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