Nifty Down to 18000 range ??!!!
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!!!!!
Not
SL reached....still H&S pattern prevails....bulls lacking momentum may favour bears.
Strong day close above 18720 may favour bulls.
Not
looks like forming the right shoulder...Not
Formed the H&S pattern perfectly...breakdown too!!!İşlem aktif
Not
NEARING THE TARGET...İşlem kapandı: hedefe ulaştı
Next target can be next gap filling move till 17850!!Not
Market doesn't like Gaps....once again proving it!!!! 2nd target achieved!!!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.