Head and shoulder in Jubilant Ingrevia

2023년 1월 8일

Chart has formed a diagonal head and shoulder pattern. It has been moving up since June forming a base in curve structure. Recently started to trade above 200 daily moving average.

2023년 1월 15일

노트

Stock is showing signs of weakness. Price is still consolidating near Rs 517. But the overall role of head and shoulders is over.