Inverse head and shoulder pattern on Ultratech Cement charts

ULTRATECH CEMENT (NSE:ULTRACEMCO)

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NSE:ULTRACEMCO ULTRATECH CEMENT

Head and Shoulders Inverse Head and Shoulders invertedheadandshoulders head_and_shoulder headandshouldersformation educationalposts

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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.

交易結束：達到停損點

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