Head and shoulder pattern : Castrol india – EQSIS PRO

D Dhanesh, November 21, 2018, Head and Shoulder

Bearish, Target : 135, SL : 161.8, Entry level @151.4

2 Comments

Naresh 5 years ago

Hi,
Generally, duration to form each pattern should be minimum one month and while practicing set the target & stop loss 1:1 ratio as possible.

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Author

D Dhanesh 5 years ago

Hi,

Here is the risk is less than the reward which is better than 1: 1 ratio, here the risk around Rs 10 for around Rs 30 returns.

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