After a strong BO in Aug 22, the stock was in a range for 4 odd months. Now, stock shows some sign of BO from the previous LH/TL.
Summary - Stock bounced from the VAH zone - 4 months of accumulation - Inv Head and Shoulder pattern(Confirmed BO) Conclusion - CMP 4595 - 3% Test position can be initiated - Rest Qty can be planned on RT of TL - Higher targets could be around o Short Term – 4746/5055
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.