Head and Shoulder #HnS with breakdown has formed in #ABB A clear left shoulder, Head and and right shoulder is formed. break down came in this week below the neckline and the pattern has completed. Let's see if the pattern can show it's effect in coming weeks. PS: This is only for educational purpose
Bullish Channel - Ideally suitable for swing and long term Entry point would we be at the lower end of the channel with right stop loss amount. Depending on swing or long term appropriate targets could be projected and booked appropriately as per the upper channel zones. Disclaimer: This is published for educational purpose only for understanding the chart...
NOCIL has moved above 30 Moving Average on weekly basis. There was a correction after breakout from Inverse Head and shoulder pattern