Cipla chart shows Classic Inverse Head and shoulder pattern.
IH&S often marks the bottom and shows trend reversal.
Currently Right shoulder is being formed on the chart and neckline being 480.
If 480 is broken and retested, Inverse head and shoulder target is 560 - 580
Pattern invalid of daily closes below 430.
IH&S often marks the bottom and shows trend reversal.
Currently Right shoulder is being formed on the chart and neckline being 480.
If 480 is broken and retested, Inverse head and shoulder target is 560 - 580
Pattern invalid of daily closes below 430.