jayaprakash99

NEOGEN forming Head and Shoulders?

NSE:NEOGEN   NEOGEN CHEMICALS
Seems NEOGEN is forming a Head and shoulder pattern, which is a bearish pattern. If the price closes below 1500, with good volume, then it can go further to 1370 and 1200 levels. However, if the price bounces back at 2000 levels, the pattern becomes invalid. So keep a look at this for a trade opportunity.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。