NIfty on track to Head & shoulder
Updated
nifty is looking to creation of right shoulder in the weekly charts and testing the level @ 11100-11150 and looking to be bearish as per Head and shoulder pattern.
sell nifty @11150 with the stop loss of 11410 for the target of 10680-10380-9970 by upcoming weeks
sell nifty @11150 with the stop loss of 11410 for the target of 10680-10380-9970 by upcoming weeks
Note
initaitae short position in niftynifty confirmed the head and shoulder nand the right shoulder has tested @ 11118.
look for our downside targets.
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