Weekly Chart Shows Break Down of
Bearish Head & Shoulder Pattern
Broken Neckline of Pattern below 612
Now Going to test Support 570
Sustain below 570 will lead the Sharp fall to 540-520-485
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
Tri Star candlestick is an extremely rare pattern . In my 10 years of trading experience i found only one in EOD stock charts nifty stocks allowed in Future. Since it happened to me only once I have no prior experience of its performance however one can short the stock with very small stop loss of the 432.50 on closing basis.