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maneeshaggarwal

Reliance : Reverse Head and Shoulder Pattern Failed

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RELIANCE INDS (NSE:RELIANCE)  
maneeshaggarwal Diupdate   
NSE:RELIANCE   RELIANCE INDS
Chart Patterns head_and_shoulder
4
3
chartpattern head_and_shoulder
When Head n Shoulder Pattern Fails after breakout probably breakdown target gives double of target in downside. Before Shorting this take your financial advisor for risk associated. stop loss will be 1260
Komentar:
Buy On rumours Sell on News.

As per H&S Pattern 1340 target is achieved but 1355 is a very big hurdle to cross in this down trend. It will not sustain this uptrend.
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