Axis Bank : Failed Inverted H&S pattern

2021년 11월 20일

AXiIS bank showing failed inverted head and shoulder pattern.this neckline
resistance was attempted to be broken in 2019 and two times in 2021 but failed
daily momentum is in bear zones and weekly and monthly momentum also has gone sideways.
trend indicators are bearish on all timeframes
A trade opportunity exit with initial target till next swing low and stop loss at neckline for swing or positional trades