Head and Shoulder Pattern in ICICI bank

28 Şub

Today price break the trend line. As we can see price create a head and shoulder pattern. It's indicate that price will go down with in couple of days.

Indicator:
MACD divergency.

Support 1: 1042
Support 2:1032

if we can see a bearish candle create near 1042 then we can take short position target of 1032 .