Inverse head and shoulder pattern on Ultratech Cement charts

ULTRACEMCO

Formation of inverse head and shoulder pattern

Current Price - 7237

• Target 1 (diff from left shoulder) - 7650 - remaining upside 413 (5.7%)
  
• Target 2 (diff from right shoulder) - 7825 - remaining upside 588 (8.1%)
  
• Stop Loss (low of last candle) - 6863 - downside risk -374 (-5.1%)
  

Disc - invested, for educational purpose only.

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