Head and Shoulder Pattern along With Bearish Engulfing Today in Short

Nifty Bank IndexNSE

Description

⋅ May 4, 2022 1:11 PM

Bank Nifty
Today Bearish Engulfing took place which is a strong sign of negative trend.
Also in Daily chart,Head and Shoulder pattern formed
Downside breakout is expected as red candle is formed on the Neckline . Almost broke,.

Ready for a Big Fall...

*For Education Purpose Only