1. Forming Inverted head and shoulder patterns in the weekly timeframe. 2. First target will be 1450, it may hit in a week span... This should be a very quick swing trading... more than 10% return in a week... 3. If it crosses 1450 then it will complete the inverted head and shoulder patterns, the target will be 1800 to 1820... It may take several weeks. 4. If it crosses the all-time high of 2020 then the target will be more than 2500+.... this may take several months and there should be a lot of retracements. 5. All provided the Nifty smallcap will be on a positive trend...
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...