Siyaram Silk Double Head and shoulder - Asymmetric Triangle.

SIYSIL

View : Bullish for Short -Medium - long term.

Observation:

Head and Shoulder Pattern Completion with neckline 456.00.

Breakout Level Necklne of Inverted Head and Shoulder : 446.00

After breakout level tested multiple time and this week the chart broken important trendline.

Green trendline will act as Support till 390.00

CMP 28 January 2022 (Friday) = 444.35

Buy : or > = 445 or As soon as Assymetric Trinagle (Pennant) Breakour Upside

Stop loss For long term : Not more than 4% (Not less than 396).

Target for short term : 455-460-480-490

Target for medium term : 455-480-500-560

Target for Long term : 456-500-600-626-650-698-750 ++++

Yorum:

Hit 698 as expected