raj3elite

Head and Shoulder formation on Bank Nifty - Short

Short
NSE:BANKNIFTY   NIFTY BANK
Head and Shoulder formation on Bank Nifty and showing bearish sign.

Levels for short:
Level to break - 17850
Level 1 - 17715
Level 2 - 17650
Trade active
Trade active:
2nd time forming H & S... will it break this time ?
Order cancelled

Comments

any changes in your view... ??
Reply
raj3elite GaneshPaudel
@GaneshPaudel, i am on neutral bro... let see..
Reply
@raj3elite, Hello Raj
How long is the 60 minutes chart valid? Any comments based on your experience? just intraday or till the next day (intraday+1day)?

thanks Sudhakar
Reply
raj3elite sudhakar.bng93
@sudhakar.bng93, its not only for intraday... price still below the trendline.. Still there is no strong bullish signal on my chart. considered as neutral.
Reply
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