DHFL ( Technical H/S pattern)y

Daily Chart Analysis

NSE DHFL EQ_Daily_1Year

 

As seen stock is forming a higher highs and bottom formation but at top forming a H/S pattern , where currently its forming a right shoulder. Why we are initiating pre mature selling call, because of volume confirmation.

Sell near 502-504 SL 515 TGT 588-576-565

 

Nishant Bali, CMT