Nifty index making inverted head and shoulder pattern . It can be considered bullish only 17410 level break and should close above 17410 with strong candle in 15min chart.
If breaks lower side of box then quick big move possible downside.
USDINR showing downside swing which is positive thing for Nifty index.
Stay neutral until the Chart speaks !
If breaks lower side of box then quick big move possible downside.
USDINR showing downside swing which is positive thing for Nifty index.
Stay neutral until the Chart speaks !
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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.