Prices today have given breakout above the Neckline level 151, of Inverted Head & Shoulder Pattern with
Upward target of 37points from such breakout zone. Today’s breakout is accompanied by good volumes
as well as above 200DMA zone of 151 level. Price movement today looks strong. Now enter on
retracements near support zone mentioned below.
BUY till above 151/2 level with Stop below its previous Support zone, mentioned. Book Profit near
resistance zones.
CMP – 155.7.
RESISTANCE --– 157, 160, 165 SUPPORT – 153, 151, 148
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