ITTEFAQ Inverted Head & Shoulder PatternAt present, the price is at right shoulder in the formation of inverted head and shoulder pattern. Based on this technical analysis, the current setup of this stock appears to offer a favorable buying opportunity at 6.60. On completion of the said pattern can lead the price towards 9 rupees. Use stop loss below 6 to manage risk as the pattern breaks if it breaks 6 rupees.
