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Inverted head and shoulders

Discussion in 'Technical Analysis' started by jignesh_acharya, Jun 27, 2015.

  1. jignesh_acharya

    jignesh_acharya Active Member

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    Hdfc bank has seen inverted head and shoulders breakout
    Bought at 1060, Tgt 1100, SL 1045
    Please advise
     
  2. shabbir

    shabbir Administrator Staff Member

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    I would like to wait and watch or if I enter, SL should be 1000.
     
  3. jignesh_acharya

    jignesh_acharya Active Member

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    I have already entered at 1160, will keep SL 1000
    Thanks..
     
  4. jignesh_acharya

    jignesh_acharya Active Member

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    Why you advised for wait and watch? What was the reason?
     
  5. shabbir

    shabbir Administrator Staff Member

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    Because it could have been just a blip. Like to see solid action which i see now.
     
  6. jignesh_acharya

    jignesh_acharya Active Member

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    Tgt achieved !!!
     
  7. shabbir

    shabbir Administrator Staff Member

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    Party time.
     
    jignesh_acharya likes this.