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satyam15
Jul 16, 2021 1:37 PM

bajaj holdings inverse head and shoulder breakout Long

BAJAJ HLDG & INVESNSE

Description

buy
weekly breakout of inverse head and shoulder
highest weekly close since 3feb 2020

s3.tradingview.com/snapshots/x/XYIzAPvX.png

trading at all time high showing good strength
also on right shoulder forming rectangle i.e. pattern forming inside pattern thus strong breakout indicator

tgt
height of head which 2385
therfore 3818+2385 = 6203
sl close below 3141 weekly basis
after confirmation of pattern breakout shift sl to 3417

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