Head and Shoulder pattern is forming in #Banknifty Short

Nifty Bank IndexNSE

Description

⋅ Mar 8, 2021 8:24 AM

NSE:BANKNIFTY

this would be a low probability trade because 35000 and 34692 acts as a strong support...

Sell @ 35000
Stop loss - above 35350
Target - 34000

DISCLAIMER : This is just for educational purpose....

Comment

⋅ Mar 9, 2021 4:37 AM

No trade as the price didnt give a close below 35000...
we can avoid this kind of pattern