SUNPHARMA after almost a month of rally now seems to have given a temporary top.
On the 15 min chart, as you can see a clear Head & Shoulder pattern has formed with lower highs.
Based on this, I have taken a short position trade which is counter trend as part of my Mean Reversion strategy. December Expiry.
Target: 1734
SL: 1790
P.S. Not a recommendation. Please do your own due diligence.
On the 15 min chart, as you can see a clear Head & Shoulder pattern has formed with lower highs.
Based on this, I have taken a short position trade which is counter trend as part of my Mean Reversion strategy. December Expiry.
Target: 1734
SL: 1790
P.S. Not a recommendation. Please do your own due diligence.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.