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Head and Shoulder pattern is a trend reversal pattern. In bullish trend has ended in head and shoulder pattern. (HT). The bullish pattern reversed. In ASHOKLEYLAND this pattern formed .
Left Shoulder formed on – 13th march-2018
Head formed on 3th- may-2018
Right Shoulder formed on – 4th- june-2018
neck line has the Entry point for short position.
ENTRY PRICE = 139
TARGET PRICE = 115
STOP LOSS = 139
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