An inverted head and shoulder at ICICI PRU LIFE INS CO LTD. NSE

[Umama_Junaid]

HERE we see an inverted head and shoulder at ICICI PRU LIFE INS CO LTD. NSE.
An inverted head and shoulders pattern is a technical analysis indicator often used to identify a reversal from a downtrend to an uptrend. This pattern is characterized by three successive troughs: a lower trough (the “head”) between two higher troughs (the “shoulders”). The line connecting the peaks of the two shoulders is known as the neckline. When the price breaks above the neckline after the formation of the second shoulder, it typically signals a bullish reversal. This pattern is considered reliable and is widely used by traders to anticipate potential upward movements in the market

[Abhinav_Singh]

Well done…