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shridharrathi

Inverse head and shoulder pattern on Ultratech Cement charts

ULTRATECH CEMENT (NSE:ULTRACEMCO)  
shridharrathi Updated   
NSE:ULTRACEMCO   ULTRATECH CEMENT
Head and Shoulders Inverse Head and Shoulders invertedheadandshoulders head_and_shoulder headandshouldersformation educationalposts
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headandshoulders inverseheadandshoulders invertedheadandshoulders head_and_shoulder headandshouldersformation educationalposts
ULTRACEMCO

Formation of inverse head and shoulder pattern

Current Price - 7237

  • Target 1 (diff from left shoulder) - 7650 - remaining upside 413 (5.7%)
  • Target 2 (diff from right shoulder) - 7825 - remaining upside 588 (8.1%)
  • Stop Loss (low of last candle) - 6863 - downside risk -374 (-5.1%)

Disc - invested, for educational purpose only.
Trade closed: stop reached
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