BANKNIFTY--Inverse Head and Shoulders Pattern??

If tomorrow price unable to breaks 43200 levels...results in a formation of Head, so tomorrow momentum is important for us to go bullish or bearish in Bank nifty
so wait for the price to comes back to the neckline and gives us some pullback to Right shoulder then will go for long again in Bank nifty ….until keep in watch mode...
bottom side we have a bullish gap left at 42900 levels. If opens down we have a chance of rise from that levels...

코멘트:

wait for long side..it might be trap on long...

코멘트:

multiple rejections from trendline...

코멘트:

It created one more trendline...if again want to go long wait for the break of trendline and retest...

코멘트:

Broken strongly...it has to continue...if its bullish...

코멘트:

If no continuation will go for short...

코멘트:

Keep safe...strong moves may happens...

코멘트:

don't carry any positions ...both sides possible...

코멘트:

today mostly volatile....

코멘트:

liquidity lies on bothsides....above 43650 and below 43500...so be safe...

코멘트:

topside indicating 2 targets 4360and 43740 zones...as trading in channel.

코멘트:

exit guys....

코멘트:

don't go for short side immediately...

코멘트:

Now price is near to neckline....which is strong...if that pushes the price, then will look for buy at Right shoulder...

코멘트:

There is a chance of fall back up to 43100 levels....if right shoulder fails to push the price upside....