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INDUSIND BANK LTD.
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INDUSIND BANK - BEARISH HEAD N SHOULDER PATTERN

Oleh NeeteshJain
Diupdate
It is been observed on the daily chart that the price action forming a bearish head n shoulder pattern, indicating further weakness ahead.

Target 1: 1380

Target 2: 1340

Stoploss: 1420
Trade aktif
Trading ditutup: target tercapai
Yesterday, Target 1 reached successfully. Now, it shall further come up to the Head and Shoulder resistance and then fall again due to selling pressure.
Trade aktif
Catatan
Stoploss changed to 1435.
Catatan
Any rise in this one is a sell until it closes above 1550 on daily basis.
Trading ditutup: stop tercapai
Catatan
It is still a SHORT until it crosses over the Head and Shoulder pattern.
headnandshouldersINDUSINDBK
NeeteshJain

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