Reliance : Reverse Head and Shoulder Pattern Failed

Updated
When Head n Shoulder Pattern Fails after breakout probably breakdown target gives double of target in downside. Before Shorting this take your financial advisor for risk associated. stop loss will be 1260
Note
Buy On rumours Sell on News.

As per H&S Pattern 1340 target is achieved but 1355 is a very big hurdle to cross in this down trend. It will not sustain this uptrend.
Chart Patternshead_and_shoulder

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