April 13, 2010

BAJAJ HINDUSTAN monthly inverted head and shoulders

BAJAJ HINDUSTAN MONTHLY CHART
BAJAJ HINDUSTAN DAY CHART

  • BAJAJ HINDUSTAN monthly chart is forming an inverted head and shoulders
  • this stock has broken the trend line in day chart.
  • keep 130 as stop loss on closing basis and go long.
  • if inverted head and shoulder takes effect this can be a very good positional trade. 
          take care
          thank you

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