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This looks like head and shoulder break out happened today.
At the point off first shoulder there were good volume and while breaking today’s level also had good volume.
Trade Plan: Symbol: LICHSGFIN-Direction-Entry-Below-473 SL-512.20 and Target – 439
DEAR SIR /MADAM
Time frame for the formation of H & S pattern is minimum THREE MONTHS
Moreover as per the trade suggested RISK (Entry 473 & SL 512.20) is 39.20 where as REWARD (Entry 473 & Target 439)is only 34
Kindly scan the charts related to the PAST rather than the present where the movement of price is YET TO come asper our expections
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