Long term head and shoulder formation during July’16 to Jan’18 in Lakshmi Vilas Bank
Head and Shoulder pattern – lakshmi Vilas Bank
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Stock Analysis
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Bullish View
Bearish View
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@rajanayeem Good analysis! You may please review the stop loss point. As per my understanding, usually, the stop loss is placed at the high point of the Right Shoulder.
I have noted it. Will review the conditions once gain for this pattern.
Thank you