c0dchef

ICICIPRULI - Head & Shoulders

c0dchef Updated   
NSE:ICICIPRULI   ICICI PRUDENTIAL L
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.
Comment:
Trade closed: target reached:
454 -> 440
440 -> 452
440 -> 425.
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