dmalltax

Head and shoulder formation ( Day Candle Stick Patten )

Short
NSE:LUPIN   LUPIN LTD
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Head and shoulder formation Day Candle stick paten ,
Rule -1 ( MAEE)
1.Market Trend
2.Analysis trend
3.Entry
4. Exit

Rule-2
1. Draw the Patten
2. Calculate the Ratio of Neck line to Head
3. Up trend Reversal ( Analysis)
4. Tack Short ( Sell ) Right Shoulder neck Line Break
5. Target Neck line or tend line to Head Ratio
6. Tack entry following Ratio only ( Risk Reward Ratio ) Minimum Risk must should Tack reward ratio is high
1:1, 1:2,1:3