Head and shouldersteen chotiyon wala reversal pattern

A head and shoulders pattern forms at the end of an uptrend. Price makes a peak (left shoulder), a higher peak (head), then a lower peak (right shoulder), and the lows between them can be joined by a line called the neckline. When price closes below the neckline, the pattern is complete and suggests sellers have taken over. An inverse head and shoulders is the upside-down version at the end of a downtrend. Suppose SBI tops at ₹830, then ₹850, then ₹832, with pullback lows around ₹805; a close under ₹805 confirms the pattern. A common measured target is the distance from head to neckline projected downward, here about ₹45, giving roughly ₹760, though targets are guides only. Volume typically shrinks on the right shoulder and expands on the break. Many patterns that look like this never complete, so wait for the neckline break.