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Piscean17th
Feb 26, 2023 5:25 AM

Short Nelcast : Downside Evident Short

NELCAST LTDNSE

Description


Good Day,

Hello Traders,

Projected Target as per Head and Shoulder Pattern, if it executes properly once is breaks the neckline of 94. Lets see, how it behaves.
A good possible downside is evident.

Time Frame : Daily.

It also depends how market behaves.

Chart Self Explantory.

Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..

If you really like the analysis , please do comments, LIKE and Follow me.
Comments
rakesh1205
I bought at 112 of 1.5qty is it better to exit now? Pls advice any
kumaranimesh580
but thanks for your opnion sir
kumaranimesh580
Nice chart to hai par trend line upper bhi jaa sakta hai price action ke hisab se 50-50 chance hai trend up or down jane ka my opnion
AMIT-RAJAN
Nice chart
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