The nifty index is now at Neckline...
price is clearly forms a Head and Shoulders pattern...
wait for the price to breaks the neckline and retest to go for short side continuation.
price is clearly forms a Head and Shoulders pattern...
wait for the price to breaks the neckline and retest to go for short side continuation.
Note
Base low is the Support for Now....Note
Now key Zone is the Neckline...keep an eye on thisNote
Base low also intersected with Trendline....keep safe...
Note
price is now at base low...don't go for long immediately...
when price reaches to the neckline will do long side or short again.
Note
If neckline failed to push the price downwards.. price will create a new ATH Again.Note
If price again consolidation on topside....one more rally to the topside will observe.targeting 22800 levels
Note
price is now at manipulation zone...keep safe from here.Note
yesterday price broken the trendline...now it is at retest...pls wait for short side continuation...otherwise they will take the price entire upside.Note
still price not touches the zone of neckline...early sellers move.wait for confirmation...Note
otherwise a break above is possible...Note
look for long again at 22050-22080 levels
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.