Inverted H&S: Right At The Top in Biocon

The long trades could be initiated above the neckline of this inverted pattern.

Hope this idea will help some traders for better trade planning.
Do hit the like button and comment if necessary.

Comment: I will try to delve into the levels as soon as the trade is initiated.
Comment: Nice
We can wait for a close above neckline on hourly before going long.
One can try any other entry technique that works.
Comment: Trade will be active above 616, stop below 600, target will be 645.
Comment: Order above 616 still pending.
Comment: Stock is taken down by the weak market. The pattern will be reconsidered above neckline 612-613 level. Pattern will be negated below 566.

JJ Singh
Full TIme Trader/Investor
Moderator, TradingView

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