Head and shoulder pattern trade in L&T

LARSEN & TOUBRONSE

Description

⋅ Sep 28, 2021 3:39 AM

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

Trade closed: target reached

⋅ Sep 28, 2021 3:39 AM