S&P CNX NIFTY INDEX FUTURES

Nifty - Weekly Head and Shoulder view

4 342
Analysis

  • Nifty futures as of now has completed the weekly Head and Shoulder Pattern. A weekly close below 23900 will confirm this
  • A downside target of 11% can be projected, with coincides with the election panic low of 21265
  • This view will be invalidated if Nifty closes above 25000


Trade Plan
Stick to swing trades if going long, it's ok to book profit early - we are not in a trending market anymore.
Try to short on confirmation, save a big chunk of your capital to go long at 21800 levels

Good luck, Happy trading!


면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.