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Nifty Daily Candle Head & Shoulder Pattern Analysis

Nifty Daily Candle Head & Shoulder Pattern Analysis

Nifty Daily Candle Head & Shoulder Pattern Analysis

as Nifty is ignoring all the negativity with sharp buying force

so for now we are turned in to bullish

and decided

Buying entry level around 17620 in any retracement

Stoploss just 100 point buffer below the recent shoulder

and target for this pattern is around 18875

Note

as we can see that a pattern appear in recent and today got breakout of this pattern long for now in any dips till 17625-17650

Note

Note

2 hours chart

Note

closing less than previous day close

Note

mkt not likely to give a correction
may be this time one way price target achieve

Note

trending in a range of this channel

Note

600 point profit running for now

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750 point up running profit

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around 950 point profit running

Note

almost achieved

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full target achieved

Trade closed: target reached

Note

if found any related query
allow me to answer

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Note

1300 point profit running for now

Note

new life high 19600 achieved

Note

20000 ON NIFTY

sk_4587

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