Inverted Head and shoulder pattern on Weekly time - ICICI Lombar
Hello Friends,
Found good opportunity with the Inverted Head and Shoulder pattern for this stock. As the stock is moving slowly towards breakout of the pattern you can estimate to hold the trade for 2-3 months for expected level.
Entry initiated - 1315 , SL - 1274 (41 risk point) , Target - 1600 (285 point - "Blue sky for target after breakout")
Regards,
Satish Haryan
Found good opportunity with the Inverted Head and Shoulder pattern for this stock. As the stock is moving slowly towards breakout of the pattern you can estimate to hold the trade for 2-3 months for expected level.
Entry initiated - 1315 , SL - 1274 (41 risk point) , Target - 1600 (285 point - "Blue sky for target after breakout")
Regards,
Satish Haryan
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