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sidsince1989
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MASFIN 50% | 1 NIFTY 50% | 1
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chartpattern financial headandshoulders mas masfinancial nifty short trendanalysis Less Tags Show All Tags
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A head and shoulder pattern breakout in MAS Financial.
MASFIN
, 240 Short
MASFIN: A head and shoulder pattern breakout in MAS Financial.

Formation of a Head and Shoulder Pattern and trading below 20ma. taking support at the neckline and a clear breakout. o Short. Target 500.

Nifty 50 breking the short term uptrend and taking support
NIFTY
, 240
NIFTY: Nifty 50 breking the short term uptrend and taking support

On a 4 hour time frame, the candlestick can be seen breaking the short term uptrend and entering into a possible distribution stage. it is also gone below the 20MA.

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