Selling if the price breaches the neckline of the pattern and sustains.
But in a bullish market if the pattern fails, buying only if price sustains above the high of the right shoulder.
BEL has broken out from inverted Head and Shoulder pattern with good volume. Good volume on 2ndMarch has helped to cross the neckline resistance.. The Fibonacci Extension points to a upside Target of 157/ 164 and then 186
![TATAELXSI: TATA ELXSI [head and shoulders pattern]](https://s3.tradingview.com/m/MTMg45lD_mid.png "TATA ELXSI [head and shoulders pattern]")
