Mayank-Pandey

Possible H&S pattern formation in Indigo - daily chart

Long
NSE:INDIGO   INTERGLOBE AVIATIO
Looking at the price action of Indigo chart on the daily time frame, there is a possibility of Head and Shoulder pattern being formed. This is just an analysis looking at the price trend. The pattern is yet to appear on the charts.
Call it my obsession with H&S pattern, I see it everywhere. These days, even before it is formed. Let's see what the future has in store...

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