A perfect visible head and shoulder on Kaveri Seeds. Both on the weekly and the Monthly suggests that the Daily cycle low may retest 480 / 450 following the decending regression trend.
However, how many a times have we witnessed a false head and shoulder formation ? With the probability of an H&S being 80%
I would be cautious If it breaks above the regression equilibrium
However, how many a times have we witnessed a false head and shoulder formation ? With the probability of an H&S being 80%
I would be cautious If it breaks above the regression equilibrium