Inverse Head & Shoulder Pattern – Havells India

Dear All, Inverse Head and Shoulder Pattern spotted in Havells India on Daily Chart. Price has nicely moved up in V formation from low of Rs 447 and made a high of Rs 593. Any Breakout above neckline will be good to go for the target of Rs 650 – Rs 700 !! Attached below the daily Chart of Havells india for your reference.

Pls trade as per proper risk reward. Don’t jump into trade..! Always wait for perfect setup. Cheers Sid

Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.