Head and shoulder pattern trade in L&T
Updated
After spotting clean HEAD AND SHOULDER pattern in an uptrend entered after the retest of the breakout.
Breakout was supported by good rise in daily volume.
EMA 21 acting as a good support.
entry at- 1590
1st target- 1700
2nd target- 1800
Breakout was supported by good rise in daily volume.
EMA 21 acting as a good support.
entry at- 1590
1st target- 1700
2nd target- 1800
Trade closed: target reached
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