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Weekly Head and Shoulder in ICICI SEC

ISEC

Time Frame: Weekly

Pattern : Head and shoulders

Learning: Importance of Neckline as support in Head and Shoulder Pattern

Bookish knowledge says head and shoulder is reversal pattern but in reality neckline plays very important role as a support
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Observe the Result of Analysi
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ISEC Momentum proved that Neckline is strong support.
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Neckline proved to be strong support. ISEC moved 434 to 820
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Neckline proved to be strong support. ISEC moved 434 to 868

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