Inverse head and shoulder pattern confirmed with neckline as marked on chart. There is a bullish breakout of neckline and retest is in progress. In coming days, expected to go up to the marked levels. It's peer Union Bank had a strong move of approx 10% after retest of IH&S neckline and so this fractal on BOB might play out in next 1-2 weeks
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.