We will not get into the mechanics of inverted head and shoulder patterns as it has been discussed a number of times here and we have marked the same for your easy reference on the chart. However, for ease of reference, a different chart is marked here for you to get an idea about this pattern. The identified stock pattern and targets are given in the video below this image.
The stock under discussion exhibiting the pattern is IRCON and more details can be seen in the video below to get a better comprehension of the stock. The video will load below this line and do not forget to check our Bank Nifty tips for tomorrow and start making money with a small capital trading the Bank Nifty options every day.
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