VIKAS LIFECARE LTD
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Inverted Head & Shoulders Breakout | VIKAS LIFESCIENCES

1 498
🟡 Structure Breakdown:
Left Shoulder: A lower low, continuing the bearish trend.
Head: A deeper low marking the climax of selling.
Right Shoulder: A higher low—a pivotal sign of accumulation and shifting sentiment.

✅ Supply-Demand Flip Zone Cleared:
Price has convincingly closed above the green zone, which acted as both prior supply and recent demand—now serving as a supportive launchpad.

✅ Counter-Trendline (CT) Breakout:
A clean breakout of the white counter-trendline confirms the structural reversal. This breakout is not only technical—it’s also volume-backed with ~24M shares traded, reinforcing conviction.

✅ Volume Confirmation:
Breakout accompanied by surging volume—an essential ingredient for validating any bullish setup. Indicates institutional activity or broader market participation.

Penafian

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