TradingView
shridharrathi
Dec 2, 2022 11:01 PM

Inverse head and shoulder pattern on Ultratech Cement charts 

NSE:ULTRACEMCO1W
ULTRATECH CEMENTNSE

Description

⋅
NSE: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

⋅
Head and ShouldersInverse Head and Shouldersinvertedheadandshouldershead_and_shoulderheadandshouldersformationeducationalposts
Comments
rashikaikon
⋅
h r x ok der j zac swyon
rashikaikon
⋅
zx n dcdexc.
. mnk😇 ✋🏽
More