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ankushsingh29

Axis Banks in inverted head and shoulders pattern

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AXIS BANK (NSE:AXISBANK)  
ankushsingh29  
NSE:AXISBANK   AXIS BANK
Trend Analysis Chart Patterns Inverse Head and Shoulders
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trendanalysis chartpattern inverseheadandshoulders
KEY TAKEAWAYS
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.


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