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Inverse head and shoulder pattern on Ultratech Cement charts

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ULTRACEMCO

Formation of inverse head and shoulder pattern

Current Price - 7237

  • Target 1 (diff from left shoulder) - 7650 - remaining upside 413 (5.7%)
  • Target 2 (diff from right shoulder) - 7825 - remaining upside 588 (8.1%)
  • Stop Loss (low of last candle) - 6863 - downside risk -374 (-5.1%)


Disc - invested, for educational purpose only.
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shridharrathi
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educationalpostshead_and_shoulderHead and ShouldersheadandshouldersformationInverse Head and Shouldersinvertedheadandshoulders

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educationalpostshead_and_shoulderHead and ShouldersheadandshouldersformationInverse Head and Shouldersinvertedheadandshoulders
shridharrathi
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Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.