INDUSIND BANK LTD.
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INDUSIND BANK - BEARISH HEAD N SHOULDER PATTERN

Atualizado
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 ativo
Trade fechado: objetivo atingido
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 ativo
Nota
Stoploss changed to 1435.
Nota
Any rise in this one is a sell until it closes above 1550 on daily basis.
Trade fechado: stop atingido
Nota
It is still a SHORT until it crosses over the Head and Shoulder pattern.
headnandshouldersINDUSINDBK

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