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rahuljaiswal1580

Head and shoulder pattern (bearish)

Short
HINDUSTAN PETROL (NSE:HINDPETRO)  
rahuljaiswal1580  
NSE:HINDPETRO   HINDUSTAN PETROL
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Classical head and shoulder has been formed.
Neckline (support): 200
Let it break 200 levels to confirm H&S pattern.
If it breaks 200, momentum could be swift towards downside.

Let's wait for some more price action and trade with caution.

Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!


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