Underperforming since 2021. Trying to break out of the consolidation, several attempts were made and failed. Will it succeed this time??
✅Forming inverted Head and Shoulder pattern in DTF ✅Consolidating in a tight range right above 50 DMA. ✅Trading right below ATH. ✅Consolidating with narrow-range candles. ✅Bullish engulfing on 5 Nov.
Watch for a breakout above 1795 for an Entry. Low risk setup. Risk is in the range of 6-8%. Please study the chart and do your research. This is not a buy/sell recommendation.
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