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Head and shoulders

Discussion in 'Technical Analysis' started by jignesh_acharya, Aug 7, 2015.

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  1. jignesh_acharya

    jignesh_acharya Active Member

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    Head and shoulders breakdown has been seen in RIL,
    Target is 940, Whats your view?
     

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  2. shabbir

    shabbir Administrator Staff Member

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    Looks like a sure shot bet.
     
  3. amit_taneja1100

    amit_taneja1100 New Member

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    goin fine so far....hw did u set tgt at 940?
     
  4. jignesh_acharya

    jignesh_acharya Active Member

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    Look at the redline which may act as support...
     
  5. amit_taneja1100

    amit_taneja1100 New Member

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    gud..keep up d gud work n keep posting...
     
  6. jignesh_acharya

    jignesh_acharya Active Member

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    Shabbir

    Where do you see this stock now going?

    Cracked 940 today..
     

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  7. shabbir

    shabbir Administrator Staff Member

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    Don't see much of support and so short it.
     
  8. jignesh_acharya

    jignesh_acharya Active Member

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    Strong up move has been seen today...
     
  9. jignesh_acharya

    jignesh_acharya Active Member

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    Here is today's chart..
     

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  10. shabbir

    shabbir Administrator Staff Member

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    Let the upmove continue and short in spikes. I don't see much in this but let the upmove get over in a day or two.
     
  11. jignesh_acharya

    jignesh_acharya Active Member

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    RIL finally crashed and closed my shorts with Profits... Cheers !!
     
  12. shabbir

    shabbir Administrator Staff Member

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    Quite easy money to be made in this pattern.
     
  13. jignesh_acharya

    jignesh_acharya Active Member

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    Yes, your guidance provided confidance...
     
  14. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.