Inverse head and shoulder pattern on Ultratech Cement charts

Updated
ULTRACEMCO

Formation of inverse head and shoulder pattern

Current Price - 7237

  • Target 1 (diff from left shoulder) - 7650 - remaining upside 413 (5.7%)
  • Target 2 (diff from right shoulder) - 7825 - remaining upside 588 (8.1%)
  • Stop Loss (low of last candle) - 6863 - downside risk -374 (-5.1%)


Disc - invested, for educational purpose only.
Trade closed: stop reached
educationalpostshead_and_shoulderHead and ShouldersheadandshouldersformationInverse Head and Shouldersinvertedheadandshoulders

Also on:

Disclaimer