IGL Reverse Head and Shoulders pattern
Price has made Reverse Head and Shoulders pattern
We can buy at current levels (after neck line is clearly broken)
OBV can also be seen making trend.
RSI is not at over bought zone.
Stoploss : 458
TARGET:520 ,550, 570
According to head and shoulders pattern the target is 550.
(the difference between head and neckline is projected upside as target).
this is for education purpose only.
We can buy at current levels (after neck line is clearly broken)
OBV can also be seen making trend.
RSI is not at over bought zone.
Stoploss : 458
TARGET:520 ,550, 570
According to head and shoulders pattern the target is 550.
(the difference between head and neckline is projected upside as target).
this is for education purpose only.
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.