manuvsingh

manuvsingh Updated 

RCF : Head & Shoulder on weekly chart. Weekly Closing above 200 SMA. Right Shoulder Bottom taking support on 50 SMA and bouncing back. Rising RSI and Huge Volume bar. Looks good for 25% upside. CMP : 67 Target : 83 SL : 58 Almost 1:2 risk reward setup Chart Only for Education Purpose

manuvsingh

Chart Only for Educational Purpose Rounding Bottom Pattern getting formed with neckline at 135-137 range. A breakout with weekly closing above the neckline of 135 gives Next targets at 157 SL : 120 Other Positives Higher than Average Volume + Positive RSI Divergence CMP > 50 SMA

manuvsingh

Head & Shoulder Pattern with Breakout done with neckline at 59 Next targets are placed at 100 - 112 - 122 Stop Loss - 60 Higher than Average Volume + Positive RSI Divergence make the trend the very strong Chart Only for Educational Purpose