CNXSERVICE
CNXSERVICE INDEX
INVERSE HEAD & SHOULDERS PATTERN BREAK OUT
Cmp - 25270
Index gave clear BreakOut in Weekly Timeframe.
BreakOut Level - 24784 WCB
Pattern Targets - 26900 / 29700
Pattern Invalidation Level - 22752 WCB
Buy good looking CNX SERVICE Sector stocks in dips for good upmove.
NOTE: Reliability of Head & Shoulders and Inverse Head & Shoulders Patterns are the least compared to other patterns. Especially Inverse Head & Shoulders Patterns formation after a prolonged downtrend will be more reliable than forming in uptrend. So be little cautious with the pattern while riding this sector stocks. Probability of ending up in a FAKE BREAKOUT is not ruled out.
INVERSE HEAD & SHOULDERS PATTERN BREAK OUT
Cmp - 25270
Index gave clear BreakOut in Weekly Timeframe.
BreakOut Level - 24784 WCB
Pattern Targets - 26900 / 29700
Pattern Invalidation Level - 22752 WCB
Buy good looking CNX SERVICE Sector stocks in dips for good upmove.
NOTE: Reliability of Head & Shoulders and Inverse Head & Shoulders Patterns are the least compared to other patterns. Especially Inverse Head & Shoulders Patterns formation after a prolonged downtrend will be more reliable than forming in uptrend. So be little cautious with the pattern while riding this sector stocks. Probability of ending up in a FAKE BREAKOUT is not ruled out.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.