Inverted Head and Shoulder IDENTIFIED WITH FOLLOWING CHARECTERISTICS
Significant Rally at Left shoulder, HEAD is lowest among recent lows. Volume at Left Shoulder and Head high. Right shoulder volume has come down. Duration is about 3 months. Long position created when price crossed Neckline. This is representing Accumulation.
Long created with Entry price at Rs.296
Stoploss at the tip of right shoulder at Rs. 256
Target fixed at Rs.336
Expected to reach target within 2 months
please refer the chart attached
