Pattern Details:
✅Left Shoulder: Formed around ₹635 in early 2024
✅Head: Major low near ₹370 in early 2025
✅Right Shoulder: Formed around ₹560–580 in mid-2025
✅Neckline: Strong horizontal resistance at ₹637.70 (clearly drawn)
✅Volume: Noticeable accumulation at the head and near right shoulder = "Big Money Bought Here"
Sentiment & Setup Summary
✅ Bullish Setup — Inverse Head & Shoulders
✅ Volume supports the move — Accumulation is visible
✅ Big Money Participation — Potential institutional accumulation
⏳ Breakout Pending — Needs confirmation above ₹638
If breakout is clean:
Could result in strong multi-week uptrend
Target ~₹800 over medium-term (3–6 months)
✅Left Shoulder: Formed around ₹635 in early 2024
✅Head: Major low near ₹370 in early 2025
✅Right Shoulder: Formed around ₹560–580 in mid-2025
✅Neckline: Strong horizontal resistance at ₹637.70 (clearly drawn)
✅Volume: Noticeable accumulation at the head and near right shoulder = "Big Money Bought Here"
Sentiment & Setup Summary
✅ Bullish Setup — Inverse Head & Shoulders
✅ Volume supports the move — Accumulation is visible
✅ Big Money Participation — Potential institutional accumulation
⏳ Breakout Pending — Needs confirmation above ₹638
If breakout is clean:
Could result in strong multi-week uptrend
Target ~₹800 over medium-term (3–6 months)
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.