INDUSIND BANK - BEARISH HEAD N SHOULDER PATTERN

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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
Dagangan aktif
Dagangan ditutup: sasaran 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.
Dagangan aktif
Nota
Stoploss changed to 1435.
Nota
Any rise in this one is a sell until it closes above 1550 on daily basis.
Dagangan ditutup: hentian tercapai
Nota
It is still a SHORT until it crosses over the Head and Shoulder pattern.
headnandshouldersINDUSINDBK

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