Bajaj Hindustan Sugar

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BAJAJHIND
Although a "Penny Stock", this is purely a technical chart pattern analysis.

Inverted Head and Shoulder Pattern on Daily/ Weekly TF.

Look for BO above 8.30 and target would be 14.30 (Depth of head added to BO line).
Volumes are sort of on rising trend in last few sessions.
Also, trading above 34 EMA and closed today on 13EMA.

Disclaimer: This is just my view, not a trading idea. Consult your financial advisor for trades/investments.

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