Head and Shoulder Formation on the daily chart of nifty

١٧ أكتوبر ٢٠٢٤

Nifty Daily chart is forming H&S pattern at the top. If the support of 24800 is broken on the closing basis then the next support level for nifty seems 24000 & 23500. RSI already showing weakness. Be cautious on taking long position in Nifty.

٢٢ أكتوبر ٢٠٢٤

ملاحظة

Neckline borken for H&S pattern. next support 24000/23800.