BAJAJ HINDUSTAN SUGAR FORMING INVERSE HEAD AND SHOULDER

The stock has formed an inverse head and shoulder pattern on daily chart and has given a breakout from the same , moreover the has been an significant surge in the volume bar which show further reliability . The company donot has a sound balance sheet but it has reduced losses YOY basis and is profitable this quarter which shows signs of revival also the sales and thhe OPM are everhighest The stock can rally till 70 in near future