MOIL forming Head and Shoulders Top? Short

MOIL LTDNSE

Description

⋅ Apr 18, 2017 3:00 PM

Seems like MOIL is forming a H & S pattern on daily charts. I have seen several smart chartists in this forum reporting it as a LONG.

Can someone help me in identifying whether this is a wrong pattern?

Trade closed manually

⋅ Apr 27, 2017 4:51 AM

MOIL Head and Shoulders