Price has pulled back to the neckline which can give another opportunity to bulls & this time if it surpasses 79-80 zone then it attempts 88-90 zone next.
Once it starts moving in your favour, you should keep trailing with profit stops.
Likely ALBK can hold into Right Shoulder zone 69-70 or moving above 72.50 - we need to keep a watch as it could be early signal for 78 - 80 zone & above 80 for 88-90 zone.
Head & Shoulder -1st Innings above 73.50
Long Term Analysis turning above 65 - Lawyer back in the courtroom
Makes email@example.com Goes into Right Shoulder firstname.lastname@example.org & bounces - 1st set done & now if support comes then we go next set which is upside.
Global Markets are weak - we need ALBK to push above 70 to give confidence for upside move else going below 69 - we will stay outside for temporary period & keep a watch once it starts moving above 70 & later 73 -that will be good sign for upside.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ