Mawana Sugar : Beautiful Inverse Head & Shoulder we can see 210/220 levels achieveing soon in a very short span of time.
Above chart is followup of the 13 Feb 22 post Target 1 done stock is up +70% Shooting for Target 2 Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind
Points to consider - Paper sector is outperforming - Stock has formed ''Inv Headandshoulder" pattern(Bullish) - BO with good volume Similar setups which can be compared for better understanding Nifty(Target Achieved) Usha Martin(Active) Bank Nifty(Target Achieved) Bank Nifty(Failed Setup) Bank Nifty(Thrice Retest of neckline &...
Levels mentioned on the chart with probable Price Action to follow.... Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG'' "Always Respect Risk" Happy Trading Jai Hind