Explanation on chart
Shivatex (WEEKLY):- CMP 200 Looks Good For upside :) 1) Multiyear Breakout :) 2) Reversal Pattern + Volume Breakout
Analysis is based on the recommendation of this stock from a well wisher. I see a quite long consolidation with an Inverted Head and Shoulder Pattern. Yesterday , a breakout was witnessed with good volumes. Riding the trend here.
