Thursday, September 23, 2010

Bharti Head & Shoulder

This complete H&S pattern is completed once it has crossed Rs.330 with volumes and sustaining there for more than a week.This H&S pattern gives a target of Rs. 395 with the stop loss of  Rs.310 which is the lower end of Left shoulder.So this trade with risk reward ratio of 1:3 with time frame of around 1-2 month is worth trading.

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