NIFTY--Inverse H&S Pattern

1 Kas 2023

I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis

2 Kas 2023

Not

Opens exactly near neckline...neckline is strong...
Look for buy at right shoulder or on break of neckline and retest...

2 Kas 2023

Not

If price comes back to neckline and consolidation happens again bullish...until wait

2 Kas 2023

Not

No long ..chance of continuation careful