INDUSTOWER - Short-term uptrend
1. It breaches the primary trend downwards, but now it breaks the brearish pattern upwards and forms the inverted head and shoulder pattern.
2. Short-term rally already started, the target is 260.
3. Fundamentally good stock to hold for the long term, but now it's on the downtrend so avoid it for the long term.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
1. It breaches the primary trend downwards, but now it breaks the brearish pattern upwards and forms the inverted head and shoulder pattern.
2. Short-term rally already started, the target is 260.
3. Fundamentally good stock to hold for the long term, but now it's on the downtrend so avoid it for the long term.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...