ICICIPRULI - Head & Shoulders
Updated
Head & Shoulders pattern forming on 4H Chart of ICICIPRULI. SELL 454.9, SL 470/500, Target(s) - 440, 425, 415, 400.
Another scenario is, it takes a break around 435-440 levels and bounce back from there on. So sell as above and give it a look after it reaches 440. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Another scenario is, it takes a break around 435-440 levels and bounce back from there on. So sell as above and give it a look after it reaches 440. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Note
Trade closed: target reached
454 -> 440440 -> 452
440 -> 425.
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