Lucifer759

Shri Ram Transport - Head and Shoulder Pattern

Viés de baixa
Lucifer759 Atualizado   
NSE:SRTRANSFIN   None
This is a weekly chart of ShriRam transport Finance Limited.
As shown above stock has given a bearish Head and Shoulder pattern at all time highs on long term charts which signals the big rally it had may be coming to an end.

Sell stock on rallies towards 1180 1220. Positional targets are 940 and 880
Trade ativo:
Modify stoploss to 1155
Trade fechado: objetivo atingido
Comentário:
Stock retested neckline and falling again. Sell with a closing stoploss of 1230 and wait for 880 levels.
More pain ahead in finance sector stocks.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.