VONE

٢٨ فبراير ٢٠٢٣

The stock has been encountering resistance near the descending trendline and there may be a possible inverted head and shoulder pattern forming. As this pattern formation is still uncertain, it's best to monitor the stock closely and consider setting the stop-loss below the recent higher low of 33 rupees to limit potential losses.

Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.

٣ مارس ٢٠٢٣

تم فتح الصفقة

03/03/2023
The stock has broken above the neckline indicating a bullish continuation of price. The target price will be Rs. 40.50 based on the inverted head and shoulder pattern height which is also at Fibonacci retracement level of 0.5.

Stop-loss can be set below neckline around Rs. 35.50