Hi guys,
This is my first article. I hope u guys like it. :)
So I was a bit late in finding this Head and Shoulders Pattern in HIDALCO because I was travelling at that time. On analysis we find 100 points difference in NECKLINE and the Support. Reversing this we find our target price . Also, We should have had entered into position around breakout level but nevertheless the market level as of now could be negotiable.
Now target price will be achieved by 15 Working days of my analysis and calculated as Number of Candles in the time frame/3
This is my first article. I hope u guys like it. :)
So I was a bit late in finding this Head and Shoulders Pattern in HIDALCO because I was travelling at that time. On analysis we find 100 points difference in NECKLINE and the Support. Reversing this we find our target price . Also, We should have had entered into position around breakout level but nevertheless the market level as of now could be negotiable.
Now target price will be achieved by 15 Working days of my analysis and calculated as Number of Candles in the time frame/3