Till the price is above 600, inverse H&S pattern is valid.. If price breaks the trendline and closes below 600 on monthly basis, its a sign of worry. Stoploss should be below 600.
When a stock has to go up, it usually forms a double bottom. Its a similar case here in Exide where price touched 623 and now going back again to touch it.. Although it may get reversed from CMP as well.
When a stock has to go up, it usually forms a double bottom. Its a similar case here in Exide where price touched 623 and now going back again to touch it.. Although it may get reversed from CMP as well.
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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.