Formation of bullish to bearish trend reversal head and shoulder chart pattern on ICICI Bank.
Important level to watch is the neckline of the pattern around 843.
Important level to watch is the neckline of the pattern around 843.
Note
The Inverse head and shoulder pattern did not follow through and the stock bounced back to touch its recent high of 943.
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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.