ICICIPRULI | HEAD & SHOULDER BO
Updated
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
_______________
Reasons to buy:
1. Stock in Downtrend, forming a good base for reversal
2. Strong Head & shoulder foundation for reversal
3. Long Candle breakout & now CMP is retesting the Neckline
Entry: 526
SL: 514
Target: 550
RR: 2
_______________
Reasons to buy:
1. Stock in Downtrend, forming a good base for reversal
2. Strong Head & shoulder foundation for reversal
3. Long Candle breakout & now CMP is retesting the Neckline
Entry: 526
SL: 514
Target: 550
RR: 2
Trade closed: target reached
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