Divi lab Inverse Head and Shoulder Pattern.
Duration of the pattern almost 9 months between 22/12/2016 to 08/06/2017
Low of Left Shoulder Rs. 676.50
Low of the Head Rs. Rs. 542.50
Low of the right shoulder Rs. 618.20
Target Rs. Rs. 740+235 = Rs. 975. Target achieved within 15 days. Note the volume increase after the break of the neck line.
Please note the another Head and shoulder pattern on the left side between 07/07/2016 to 10/11 /2016. Here also the target was achieved, but there was no volume increase during left shoulder