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Weekly Head and Shoulder in ICICI SEC

ISEC

Time Frame: Weekly

Pattern : Head and shoulders

Learning: Importance of Neckline as support in Head and Shoulder Pattern

Bookish knowledge says head and shoulder is reversal pattern but in reality neckline plays very important role as a support
Note
Observe the Result of Analysi
Note
ISEC Momentum proved that Neckline is strong support.
Note
Neckline proved to be strong support. ISEC moved 434 to 820
Note
Neckline proved to be strong support. ISEC moved 434 to 868

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