AFFLE (INDIA) Has Formed Head & Shoulders Pattern In An Uptrend.
It Head & Shoulders Pattern Supposed To Be A Bearish Indication But Volume Don't Support That Theory.
It Has Important Support Of 5102.
It Also Forms A Descending Tringle Which Should Give Breakout On Either Side.
If It Breaks The Important Support Then It's A Short Opportunity Or Bullish Continuation.
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation
It Head & Shoulders Pattern Supposed To Be A Bearish Indication But Volume Don't Support That Theory.
It Has Important Support Of 5102.
It Also Forms A Descending Tringle Which Should Give Breakout On Either Side.
If It Breaks The Important Support Then It's A Short Opportunity Or Bullish Continuation.
Let me know if you have any suggestions or recommendations.
Thank you.
Disclaimer :- Just an idea not any recommendation