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TAGaganDeep

Head & Shoulder in SGX Nifty

Long
GIFT NIFTY 50 INDEX FUTURES (NSEIX:NIFTY1!)  
TAGaganDeep  
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Trend Analysis Chart Patterns sgxnifty dowjones nasdaq100 chartoftheweek Forex NIFTY nifty50 forexsignals
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trendanalysis chartpattern sgxnifty dowjones nasdaq100 chartoftheweek forex nifty nifty50 forexsignals
As per the chart, SGX Nifty is showing a Head & Shoulder Pattern on its hourly charts.
Breakout is awaited.

Once a valid Breakout comes above the level of 13800, we may see SGX Nifty go to the levels of 14000 - 14100.

As of now one can keep it on his radar, and wait for the breakout to enter into the trade.
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