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INDUSIND BANK - BEARISH HEAD N SHOULDER PATTERN

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INDUSIND BANK LTD. (BSE:INDUSINDBK)  
NeeteshJain Diupdate   
BSE:INDUSINDBK   INDUSIND BANK LTD.
INDUSINDBK headnandshoulders
19
12
indusindbk headnandshoulders
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
Komentar:
Stoploss changed to 1435.
Komentar:
Any rise in this one is a sell until it closes above 1550 on daily basis.
Trading ditutup: stop tercapai
Komentar:
It is still a SHORT until it crosses over the Head and Shoulder pattern.

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