Nifty making Reverse Head&shoulders pattern in daily timeframe.
If it touches 17000 and reverse then break neckline , lead to wonderful rally.
If it fails to sustain above 17000 (Second shoulder) not formed then this chart pattern will be invalid.
If it touches 17000 and reverse then break neckline , lead to wonderful rally.
If it fails to sustain above 17000 (Second shoulder) not formed then this chart pattern will be invalid.
Note
Touched 17000. wait for a retracement or expected a further fall in market
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.