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Axis Banks in inverted head and shoulders pattern

KEY TAKEAWAYS
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.


For Educational Purpose Only
Chart PatternsInverse Head and ShouldersTrend Analysis

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