DHLF: waiting for bullish breakout of Inverse Head & Shoulder
DHLF was in range bound or in consolidation from the NOV. 2017 to till date, in that process a DHLF has formed a classic bullish pattern called as Inverse Head and Shoulder Pattern. now price are almost trading on supply side and waiting for breakout out from the neck line of Inverse Head & Shoulder pattern, if breakout occur with follow through , we can see min. target of Rs around 820 to 850 in short time frame of three to four month
Trade Setup
time frame : Daily
Go long above 680 to 690
initial Stop loss Below 640
initial target : 820 to 850
Trade Setup
time frame : Daily
Go long above 680 to 690
initial Stop loss Below 640
initial target : 820 to 850
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