ACC-BEARISH-ENTRY-1496-SL1650-TARGET-1256

[gorantla.vinod]

Head and shoulder patterns happened between mid of Jan to mid of apr2015.

It qualifies to be header and shoulder pattern since period was almost a month to form each pattern and volume was high on forming left shoulder.

Short position can be considered on breaking 1496. SL 1650 and target 1256

And stock was in distribution phase

[Balaji]

Dear Vinod Sir,

Your analysis on head and shoulder price pattern for stock ACC is correct. All the conditions of the Head and Shoulder pattern are met.

[Author]

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