Nifty- Inverse Head and Shoulders forming- Bullish Long

Nifty 50 IndexNSE

Description

⋅ Jan 24, 2022 5:52 AM

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

⋅ Jan 24, 2022 4:10 PM

1. Deeper retracement upto 0.618 fibs
2. Rsi oversold
3. Wait for bullish candle to add to position.

Pls do your own analysis