DEEPAK NITRITE
On Daily Basis Time Frame the Stock has given a Good Break Out of Inverted Head & Shoulder Pattern. As the stock has made the Pattern at the Support zone it is a Good Bet for Long
So as per Chart the Stock looks Good for Short to Medium Term Position as per the Levels given below:
CMP - 2178.40 or BoD 2100
Target 1 - 2291
Target 2 - 2435
Target 3 - 2579
SL - 1970
Time Frame - Short to Medium Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
On Daily Basis Time Frame the Stock has given a Good Break Out of Inverted Head & Shoulder Pattern. As the stock has made the Pattern at the Support zone it is a Good Bet for Long
So as per Chart the Stock looks Good for Short to Medium Term Position as per the Levels given below:
CMP - 2178.40 or BoD 2100
Target 1 - 2291
Target 2 - 2435
Target 3 - 2579
SL - 1970
Time Frame - Short to Medium Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Comment:
TARGET 1 - 2291 HITS ON 13th Sept