KOTAKBANK-Head and Shoulder-Bearish – EQSIS PRO

Tagged: KOTAKBANK-Head and Shoulder-Bearish

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February 8, 2016 at 4:50 PM #17748

usha muthukumar
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Rank: Level 5

STOCK=KOTAKBANK

PATTERN=HEAD AND SHOULDER

POSITION=Short

TREND=Bearish

TRADE PLAN:

ENTRY=683

SL=737

TARGET=624

VOLUME=High During Left Shoulder

RATIONALE=Head and Shoulder pattern appeared after a significant rise in price with significant volume at left shoulder.
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