📌Big fall from fair value 📌Consolidated base formation highlighted in yellow 📌Good spike to towards fair value 50% retracement and gets weekly EMA support marked in red. That would have been an excellent place to enter. But we failed to notice. 📌Now forming inverted H&S pattern, price is currently at 2nd shoulder. Good place to enter. Price is also getting EMA...
little bit lower then can chill and ride it to mid range and reassess there .. expecting an impulse from here as long as we stay above white line on a daily close
Essar Shipping Buy Above 33.80 For Target : 47-60 SL 20.20 Holding Duration : Few Weeks Please consult your financial advisor before investing All research for educational purposes only.
Essar Shipping Cmp 13.4 Looks like trend reversal and Triangle breakout posible target 22, 36 Sl - 8.75