TTML-Bearish trend after head and shoulder in March, Entry below 8.5

[Abirami Duraisamy]

As per the attached chart, head is formed with highest of the price and two shoulders(L&R) with the duration of approx 1 month each. High volume seen at left shoulder and head and low volume at right shoulder.

Trade Plan: Direction Bearish, Position-Short, Entry below 8.5, Stop Loss:9.15, Target: 7.75

Point to clarify: The duration of left shoulder is only 15 days, can we still qualify this as H&S,please feedback your views.

[EQSIS]

Good spot,

Rally prior to l.shoulder should be significant,

 

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