Nifty seems to be in a class H&S pattern. We could see 23000 if this is true. Also it is now below its 50 day moving average and approaching its 150day. Closest support could be around its 200 day moving average which also could confluence with the H&S target.
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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.