Deepak Nitrite H&S formation (Bullish)

By this_is_shoaib
Updated
Hello traders, the last position made was Bhartiartl it's going good we are above our entry and sitting of near about 2% profits.

Now speaking or deepakntr we can see a inverted head and shoulder pattern in formation, if it completes the pattern and gives a neckline breakout that'll be our entry point.

Buy Above - 2365
Targets mentioned in the chart above.

RSI is coming to bullish zone
MACD is above the signal line

Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.

Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.


Trade closed: target reached
1st target hit
Trade closed: target reached
Target 2 hit.
Beyond Technical AnalysisbuysignalChart PatternsdeepaknitritedeepaknitritelongDEEPAKNTRlongpositionNIFTYnifty50patternbreakoutTrend Analysis

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