surya89trade

ICICI BANK : Possible Bearish Head & Shoulder

Short
surya89trade Updated   
NSE:ICICIBANK   ICICI BANK
Corporate facing banks have been on a strong uptrend in recent days. The Short is against market consensus, so trade cautious using smaller quantity. Pattern valid only if price breaks below neckline on a hourly clb , with stop placed above 362 on a hourly clb.
Comment:
clb- closing basis
Trade closed: stop reached:
Stopped out

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