kotakbank, bearish, entry 660 , SL 693 – EQSIS PRO

Tagged: Bearish, Head & Shoulder, kotakbank

This topic has 2 replies, 2 voices, and was last updated 7 years, 8 months ago by T.PONNARASU.

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July 28, 2016 at 8:52 PM #44634

T.PONNARASU
Participant

Rank: Level 5

Head & shoulder formation observed with high volume in L shoulder area after steep price rally between 10.11.2015 & 10.02.2016

Trade Plan: Kotak Bank

Direction: Bearish

Short: 660

SL:693

Target: 627

August 3, 2016 at 11:06 AM #45184

Meera
Participant

Rank: Level 5

The pattern looks fine but I think this lacks a little clarity in the volume part .Looks like the right shoulder is having more volume than left.

August 7, 2016 at 10:11 AM #45508

T.PONNARASU
Participant

Rank: Level 5

Hi Yes the volume condition is reversed in my chat, will get it corrected. Thanks for the comments…
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