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Nifty Forms Inverted Head & Shoulders (Bullish Reversal)
Nifty 50 Index
Long
Nifty Forms Inverted Head & Shoulders (Bullish Reversal)
By sreeharshasp
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Apr 9, 2021
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Apr 9, 2021
Nifty Forms Inverted Head and Shoulders and now we may be ready for a good
500 points move on Nifty as long as we hold 14800
The Neckline is at 14830 and we have clearly seen it to be Point of Control (as
per Order Flow Analysis)
Buying seems to be happening and now on Monday as long as we start positive
and break 15000 levels, markets are ready for a good upmove of 500 points.
Monday we have TCS results and it is expected to be good and we may see
breakouts in IT stocks as we are at all time high for most of the stocks.
Chart Patterns
invertedheadandshoulders
reversal
Trend Analysis
sreeharshasp
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