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  • #10654
    khushi
    Participant
    Rank: Level 5

    INVERTED HEAD AND SHOULDER – BUY AT 1056, TARGET 1120, STOP LOSS 992

    #10951
    Balaji
    Participant
    Rank: Level 5

    Dear Kushi,

    Congrats for the details you have provided in the chart. The way of your presentation is really appreciable.

    Your analysis of HDFC bank is correct. But as per the inverted head and shoulder conditions, there should be significant down trend prior to the formation of inverted head and shoulder structure. Here in the chart the prior trend is bullish. This one condition alone, contradicts.

    Kindly request you to check Mr.Murugan sir and correct me, If I am wrong.

    Request you to keep posting such analysis for our learning.

Viewing 2 posts - 1 through 2 (of 2 total)
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