Technical Outlook & Trading Strategy:-
The price of Mustard seed appears to be forming an Inverted head and shoulder pattern on the intraday charts.
A breakout from the said pattern would be confirmed when the price breaks above the neckline level of Rs 2878 levels.
The key momentum indicators have also started to display signs of strength.Thus, traders can look to buy on a break above Rs 2878 levels with a stop loss of Rs 2853 levels for upside targets of Rs 2905/ Rs 2925 levels.
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