DIVISLAB -Inverted Head and Shoulders -Daily

Thanks for the clarification! Yes — the chart **does** resemble an **Inverted Head and Shoulders** pattern (a bullish reversal pattern), especially visible in the price structure before the breakout above ₹6,278.

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### 🟢 **Inverted Head and Shoulders – Analysis (Divi's Lab)**

#### **Pattern Structure:**

* **Left Shoulder:** Formed in March.
* **Head:** Deepest low around early April.
* **Right Shoulder:** Higher low formed in late April to early May.
* **Neckline:** Breakout above the ₹6,278 level confirms the pattern.

#### **Breakout Confirmation:**

* Breakout is strong, supported by **increasing volume**.
* Target derived from neckline to head height = approx. ₹1,333.
* **Target after breakout:** ₹6,278 + ₹1,333 = **₹7,611** (already marked on the chart).

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