Alpha India Mid Economic – Havells Head and Shoulders

Orpheus Capitals, July 2011, Pages: 5

HAVELLS Daily

The minor structure looks like a valid head and shoulders reversal pattern. Prices broke neckline supports near 380 levels. Sub 0.618 key Fibonacci supports at 355 levels the impulsive C/3 wave down could extend lower till 330-300 levels.

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