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IIT-Trader
Jul 29, 2023 12:05 PM

RELIANCE--Head & Shoulders Pattern ?? 

RELIANCE INDSNSE

Description

After a strong trending movement from few weeks,
price is near its resistance level,
now it is in the form of Head and Shoulders pattern..which is a reversal pattern..
wait until price breaks the Neckline and retest...then will enter for Short side...
keep track this for Short side, if breaks neckline...until wait and watch.
Comments
CA_Pearl
Good Analysis...Can we go for short
price broken the zone and retested
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