Nifty 50 Index
Long
Updated

Nifty- Inverse Head and Shoulders forming- Bullish

Looking to go long
1. Inverse Head and Shoulders forming
2. RSI on 4 hr -oversold
3. Market at 50% retracement of last bullish move
Trade active
1. Deeper retracement upto 0.618 fibs
2. Rsi oversold
3. Wait for bullish candle to add to position.

Pls do your own analysis

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