Reverse Head and shoulder formation can be seen as per charts.
A break out can be seen on 8th ocotber from its 1st resistance of 116 level.
If it sustains we can witness a potential upside of 49% in long run.
Second resistance expected at 127-128 level.
Disclaimer: This is not a buying Advice. It is my personal analysis. Please do own research before investing.
Happy Trading !!
A break out can be seen on 8th ocotber from its 1st resistance of 116 level.
If it sustains we can witness a potential upside of 49% in long run.
Second resistance expected at 127-128 level.
Disclaimer: This is not a buying Advice. It is my personal analysis. Please do own research before investing.
Happy Trading !!