Nifty Down to 18000 range ??!!!
تم تحديثه
Chart pattern insisting the opinion titled above!!
Reasons:
1. 9th December Day Candle - Bearish engulfing candle with wick at bottom ( but low got tested the next day).
2. H&S pattern in process (right shoulder yet to form).
3. Major Trendline resistance above.
Target and Sacred SL mentioned in chart !!
Let's see how it moves!!!
Note - Just sharing my probable view....not a tip nor advice!!!!!
Reasons:
1. 9th December Day Candle - Bearish engulfing candle with wick at bottom ( but low got tested the next day).
2. H&S pattern in process (right shoulder yet to form).
3. Major Trendline resistance above.
Target and Sacred SL mentioned in chart !!
Let's see how it moves!!!
Note - Just sharing my probable view....not a tip nor advice!!!!!
ملاحظة
SL reached....still H&S pattern prevails....bulls lacking momentum may favour bears.
Strong day close above 18720 may favour bulls.
ملاحظة
looks like forming the right shoulder...ملاحظة
Formed the H&S pattern perfectly...breakdown too!!!تم فتح الصفقة
ملاحظة
NEARING THE TARGET...أغلقت الصفقة: تم الوصول للهدف
Next target can be next gap filling move till 17850!!ملاحظة
Market doesn't like Gaps....once again proving it!!!! 2nd target achieved!!!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.