An Inverse H&S pattern is under formation. The right shoulder is yet to complete however as per he weekly charts where the prices are moving within a downward channel is expected to touch 755. Once the neckline is broken i.e closing above 775 (this will also act as a channel breakout) it can reach a target of 900 levels.
Conditional Buy: closing above 775...
Chanel breakout seen on TATA Metaliks Daily Chart, you can wait for other bullish candle formation for further confirmation.
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these CHART will be profitable or that they will not result in losses. There is no assurance that the strategies and...