Prakash Pipes Ltd Inverse Head and Shoulders pattern

PPL PPL

Technical Observations -


1) After falling channel breakout now price form Inverse Head and Shoulders pattern
2) Breakout of Inverse Head and Shoulders pattern expect above 175-180 zone
3) If we observe, till date stock formed 3 pattern and every time is gives breakout with high volume
4) Breakout candle highlighted by circles


Resistance – 195/232/267
Support zone (Near last swing low) – 150-135

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