yogi_sharma_elliottician

CastrolInd bounce back???

Long
NSE:CASTROLIND   CASTROL INDIA
Head and shoulder pattern is formed. Generally, head and shoulder pattern formed is formed in uptrend as a reversal pattern and inverted H&S pattern in downtrend. But, here h&s is formed in downtrend, still I am considering as a reversal pattern and other details are mentioned on the chart. Happy trading :)
Trade active
Comment:
target 1 missed by .5 points, waiting for 2nd target
Trade active:
T1 crossed TODAY
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.