After a proper after a proper consolidation Nifty break it strange and taking support at 24144 reverted back to positive zone and it forms a very good inverse head and shoulder pattern to go UP head if it causes 246 00 then it will touch 24890.
According to FII strategy a huge short is held and carry on by retailers so for trapping those all it will go up and take all the SLs of retailers. And make sure the retailers that Nifty 50 sentiment is positive and huge selling will start most probably in next week.
According to FII strategy a huge short is held and carry on by retailers so for trapping those all it will go up and take all the SLs of retailers. And make sure the retailers that Nifty 50 sentiment is positive and huge selling will start most probably in next week.
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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.