Inverted Head and shoulder breakout
SL- around 6 percent (below right shoulder)
Entry at CMP
I don't think anymore explanation is required -chart is Self-explanatory
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#swing trade- Can give quick gains.
Fundamentally stock is really good.
ROCE=22.2 ROE=17.4
As per Technical analysis,
Making Higher Highs
Near lower boundary of the channel
Entry-1320
SL-1220
#LearInPublic
Fundamentally stock is decent. As per technical analysis, Stock has given breakout after taking support from lower boundary of parallel channel.
Stop loss could be swing low and and targets could be Upper boundary of the channel.
#Everything Is Probability In Market.
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