Reliance : Reverse Head and Shoulder Pattern Failed

When Head n Shoulder Pattern Fails after breakout probably breakdown target gives double of target in downside. Before Shorting this take your financial advisor for risk associated. stop loss will be 1260

Yorum:

Buy On rumours Sell on News.

As per H&S Pattern 1340 target is achieved but 1355 is a very big hurdle to cross in this down trend. It will not sustain this uptrend.