Head & Shoulders pattern forming on 2H Chart of ADANI PORTS. SELL strictly below 503, SL 525.10, Target(s) - 490, 485, 480, 475, 470. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Trade closed: stop reached
Did not went below 500. I knew that beforehand that it might act as a resistance but still posted the idea. Sometimes whole numbers acts as very strong support/resistance. Gotta keep that in mind when stumbled upon such charts in future.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.