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c0dchef
Aug 15, 2020 8:16 PM

AXIS BANK - 3H TF - Head & Shoulders Short

AXIS BANKNSE

Description

Head & Shoulders pattern forming on 3H Chart of AXIS BANK. SELL 415, SL 458.1, Target(s) - 400, 390, 380, 375. Measurement from top to bottom = 69. SL is far because one cannot ignore the rules of a pattern but at the same time also have to be reasonable about the probable and acheivable target(s). Or follow the second option which I think is quite realistic than this one with minor changes.

SELL below 415 for immediate target(s) of 400, 393, 387, 380, real bad below 375. SL according to Hourly Charts. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
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