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Trade-Technique
Mar 9, 2020 6:09 AM

a decline in the second peak with accelerated descent. 

NSE:BANKNIFTY1D
Nifty Bank IndexNSE

Description

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We are seeing nifty falling wave. I am writing for many days, the market is weak and only weak. DONT THINK FOR BUY that time.

Support and ResistanceSupply and DemandPivot PointsBANKNIFTYNIFTYStockstradeindianse
Comments
u3sco
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how come u are calculating double top on 2.5 %age of differance that to on a index.
don't make any sense!
Trade-Technique
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@ampro747, First, I want to ask you what is DOUBE TOP pattern? you will get sense soon.
u3sco
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@Kinnari_Prajapati, im asking ?
is it correct to do on index...
Trade-Technique
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@ampro747, Now I got you. There is an exception in 3% from first 1st pick of a double top. You are correct but, This is double top reversal pattern.
Trade-Technique
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@ampro747,
u3sco
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@Kinnari_Prajapati, thank you very much, even there was a head and shoulder pattern from 25 nov 19 to 20 jan 20...
Trade-Technique
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@ampro747, Yeah I am working on it but, it is taking the time and my personal view on the H&S pattern is "H&S pattern has higher reliabilities compare to all other patterns." that why I want to find out everything for this patter.
u3sco
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@Kinnari_Prajapati, okay!
upk007
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@ampro747, its channel reversal, today it has confirmed double top.
7799423bcc6b4921a75a13859c2c02
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chances of braking neck line is more than bouncing , as per the market news , what do u suggest .
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