SOBHA LTDLong
Long Setup in Shobha LTD
An Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of SOBHA
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned on the Charts.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shouldeer Chart Pattern
Technical Indicator :- Positive MACD Crossover
SOBHA Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned on the Charts.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shouldeer Chart Pattern
Technical Indicator :- Positive MACD Crossover
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