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Tagged: BHEL, Head and Shoulder
Each pattern took one month time to form.
Short position, Entry-250, Target- 232.5 , SL-277.5
This is a Good case Study of the Head and Shoulders pattern. The stock progressed perfectly as per the Charts. If such a chart pattern can be seen for any of the stock as on current date, it will be very helpful to monitor and learn/ earn.
Please help me with my doubt.
Head and shoulder requirement is not fulfilled because Right shoulder volume is low when comparing with left shoulder.
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