Possibility of inverse H&S on Yesbank hourly

Jul 1, 2017

We can initiate long position in yesbank as it is forming inverse Head & Shoulder pattern.
Although left shoulder is not as accurate as it should be.
We can enter the trade once it breaks the neck line when it crosses 1470.
Target we can expect 1520 and 1540.

Jul 3, 2017

Trade active

Jul 10, 2017

Note

Yesbank made a high of 1521. First target achieved.

Jul 13, 2017

Trade closed: target reached

Yesbank made a high of 1541, 2nd target achieved.