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jain_roshan_d

Bank Nifty Inverted Head & Shoulder on 30 Min TF 9th Feb 2024

Long
Nifty Bank Index (NSE:BANKNIFTY)  
jain_roshan_d Updated   
NSE:BANKNIFTY   Nifty Bank Index
Chart Patterns Head and Shoulders
5
0
chartpattern headandshoulders
Bank Nifty looks set for a inverted head and shoulder setup with a likely target of 46200. Note. the high of 18th Feb is exactly at the same level.

This is my personal view, im not authorised by SEBI as an investment advisor. Pls use caution while trading. This is an educational view
Trade closed: stop reached:
The setup was negative against the trend line. The head and shoulder formation failed. Stop loss was triggered in first 2 hours. Trade closed.
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