JAYBARMARU inverted head and shoulder
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Stock broke a long term trendline and was in consolidation. It has made a inverted head and shoulder pattern during that period. One other thing to notice is that as the price moves higher the stock is gaining volume and when it goes down there is not much volume involved .We might be witnessing a retracement of 50 to 61.8% retracement in coming weeks.
Target 420-500
SL 190
Target 420-500
SL 190
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