This Script has exhibited a strong upward Price movement. It has formed an inverted Head & Shoulder
Pattern with neckline at 53.5 level & Upward target of 14points, from the neckline level. Last 5 trading
sessions it has maintained its closing above this neckline level. Today closed above its recent resistance
zone of 56.5 too. Upward target looks 66.6 level {coinciding with 200DMA level too}
Now keep BUYING till trades above 56.5 zone with Stop below its previous support levels. Can Book
Profit near resistance zones mentioned, below. CMP 57.
RESISTANCE – 60, 62, 66.6 SUPPORT – 53, 51.5, 50
Pattern with neckline at 53.5 level & Upward target of 14points, from the neckline level. Last 5 trading
sessions it has maintained its closing above this neckline level. Today closed above its recent resistance
zone of 56.5 too. Upward target looks 66.6 level {coinciding with 200DMA level too}
Now keep BUYING till trades above 56.5 zone with Stop below its previous support levels. Can Book
Profit near resistance zones mentioned, below. CMP 57.
RESISTANCE – 60, 62, 66.6 SUPPORT – 53, 51.5, 50
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