FalgunPrajapatiTrading

RUPA - Weekly Inverted Head and Shoulder

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NSE:RUPA   RUPA & CO LTD
RUPA Weekly :
Pattern : Head and Shoulder Pattern (Inverted) - Possible Reversal
Necline: Blue Trendline
Buying zone : Blue and Red Trendline
Breakout level : 590.
Important level to accumulate above : 555.00
Currnelty Trading on Neckline of Pattern

Bought at 515 Stop loss 489.00 - Use 30% of capital
Buy at 550 - use 35 % of capital
Buy at 570- use remaining 35% of capital.

View : Long after breakout of 589.95
Short term Target : 10 %
Long term target : 100 %

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