Kalyan Jewellers : Possible Head & Shoulders Pattern ?

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Kalyan Jewellers : Possible Head & Shoulders Pattern ?Kalyan Jewellers India Ltd.NSE:KALYANKJILFiveCirclesThis is the daily timeframe chart of Kalyan Jewellers. The stock is moving within a well-defined parallel channel, with a strong support zone near the 440–460 range, which has already been respected as the stock bounced back from this level. Currently, the stock is providing price-action support near the 470–480 zone. If this level sustains and a bullish move begins from here, it will confirm that the stock has formed a Head & Shoulders pattern. The potential target for this pattern lies in the 640–650 range. Thank You !!