Long
Trading Setup on Cadila Health Care
Spotted Inverse Head and Shoulder Pattern on Cadila Health Care.
Entry : Once Neck line is broken with volume above 20 period average and strong bullish candle (566-570)
S.L. : Below Right Shoulder (555)
Target : Around Height of head which is 29 Point (595).
R:R ratio : 2.2
It's found on resistance zone which increase probability of this setup.
Entry : Once Neck line is broken with volume above 20 period average and strong bullish candle (566-570)
S.L. : Below Right Shoulder (555)
Target : Around Height of head which is 29 Point (595).
R:R ratio : 2.2
It's found on resistance zone which increase probability of this setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.