Head and Shoulder break down in Indiamart Intermesh Short

INDIAMART INTERMESH LTDNSE

Description

⋅ May 10, 2021 8:28 PM

Hi,

I am new to charting, but I noticed that Head and Shoulder pattern in Indiamart Intermesh. Levels on the Chart.

Please comment, if the analysis is right or wrong by giving reasoning so that I can also learn.

This post is not any recommendation. I am just posting to learn myself.

Comments

parikshit_karmarkar

⋅ Jun 25, 2021 3:38 PM

U were perfect. What's your analysis now

EquityIsFuture

⋅ Jun 26, 2021 7:56 AM

Thanks for the feedback. There will be dead cat bounce as its forming rounding top so wont go up in a hurry. Also real upmove will start once it closes above 7800