CASTROLIND formed a slightly tilted H&S followed by breakdown and now retest seem to be in progress. Depending on how the day closes, this could be a nice shorting opportunity.As per the size of head, target would be around 125. However, due to the left side tilt (which reflects lack of extreme weakness), it would be prudent to go with a smaller fall, if at all this materializes.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.