In Neck Pattern – Weak Bearish Continuation
📊 The In Neck is similar to On Neck but weaker.
✅ Formation:
1️⃣ Long red candle.
2️⃣ Small green candle opens gap down but closes slightly above prior red’s close (yet inside body).
✅ Meaning: Bears still control, but small hesitation seen.
📌 Example: Stock drops ₹150 → ₹140, In Neck forms near ₹138–139 → trend likely to continue downward.
🧠 Rule: Confirmation needed with next red candle.
MARUTI
#WatchOutFor
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