rohitkatwal

Inverted Head and Shoulder + Rejection/Resistance at 10350

rohitkatwal 업데이트됨   
NSE:NIFTY   니프티 50 인덱스

On NIFTY I wanted to go long with my positions above 10350-10360 zone. That was exactly +53 point and +60 point on Nifty for the day. I have to admit, market kept me on the edges.

We have now an Inverted Head and Shoulder on 2 Hourly chart plus a strong resistance at 10350-10360. Breaking of this point is must for conviction in the further bull rally.

Also we have support at 10280, which must be broken for further bear rally.

Till then we can see volatile swings on both sides.
코멘트:
Third Test on the neck line.
코멘트:
Again a false breakout i suppose...keeping an eye....
코멘트:
Surrendered highs....
코멘트:
Between 10260 and 1035 market makers are just playing with the market. Somebody is getting trapped.
매매 수동청산:
Can go Short. Every rejection to upside is more conviction to downside. Closing this thread.

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