infintelearningopportunity

Nifty Preparing for H & S on weekly TF

Viés de baixa
NSE:NIFTY   Índice Nifty 50
Last week a bearish engulfing candle was formed on nifty. Nifty on weekly TF looks to be preparing for the H&S pattern. once the neckline which is around 16870 is breached, the H&S will be activated and one can go short with the sl of high of the breakdown candle. for the tgt equal to the height of the head from the neckline which is approx 2,000 points in this case.one can opt for the early entry now with the sl of 18760 on daily closing basis and trail SL on daily basis.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.