NSE:HERITGFOOD HERITAGE FOODS LTD
Price and Chart Analysis -
1) Stock gave a BREAKOUT above MULTIPLE RESISTANCE ZONES 2 weeks ago.
2) Now trading and retesting near breakout level.
3) Daily Candle today was a Gravestone after a downtrend, indicating possible reversal hereon.
4) Zooming out, looks like a possible INVERTED HEAD & SHOULDER BREAKOUT and PULLBACK, with CHARACTERISTICS ticking all the boxes.
1) Breakout was supported by VERY HEAVY .
2) Pullback towards Breakout level has been accompanied by VERY LOW or BELOW AVERAGE ( Please see for the Same)