Titan is making H&S pattern at the peak of its uptrend. Looks to be a good case of probable trend reversal. Once right should is complete titan can go as low as 520. Apart from H&S pattern Titan is also making bearish triangle pattern, making lower highs while not making higher lows. Once the triangle is broken on the bearish side it will complete H&S pattern...
NSE:LICHSGFIN , CMP 622, has made Head & Shoulder pattern and may lead to a big fall now. However we may see some retracement, to 640-680, before the action. Short setup Sell LIC below 614 with SL of 690 (short SL 636). Target 550 / 520 Instead of keeping the short SL it will be better to hedge the trade and buy 630 CE @ <14 (buy only when the actual trade...
Head and Shoulders Sell active below todays low 17830 target around 17600-17300